On this page of StockholderLetter.com we present the latest annual shareholder letter from AUTOLIV INC — ticker symbol ALV. Reading current and past ALV letters to shareholders can bring important insights into the investment thesis.
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2/20/2025 Letter Continued (Full PDF)
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2/16/2023 ALV Stockholder Letter
• 2/23/2024 ALV Stockholder Letter
• More "Auto Parts" Category Stockholder Letters
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ALV Benford's Law Stock Score = 99
2/20/2025 Letter Continued (Full PDF)
•
2/16/2023 ALV Stockholder Letter•
2/23/2024 ALV Stockholder Letter•
More "Auto Parts" Category Stockholder Letters•
ALV Benford's Law Stock Score = 99ALV Shareholder/Stockholder Letter Transcript:
Annual and Sustainability Report 2024 Saving More Lives Annual and Sustainability Report 2024 Contents Forward-Looking Statements Except for historical information, matters discussed in the annual report are forward-looking statements and are based on management s estimates, assumptions and projections. Actual results could vary materially. Please review the Risk Factors and Management s Discussion and Analysis of Financial Condition and Results of Operations sections in the Company s annual report on Form 10-K for the fiscal year ended December 31, 2024, and subsequent SEC filings, for factors that could affect the Company s performance and cause results to differ materially from management s expectations. The information in this report reflected management s estimates, assumptions and projections as of January 31, 2025. Autoliv has not made updates since then and makes no representation, express or implied, that the information is still current or complete. The Company is under no obligation to update any part of this document. This report includes content supplied by S&P Global. Copyright Light Vehicle Production Forecast, January 2025. All rights reserved. Cover: Huaihai Middle Road and North-South Elevated Road, Huangpu District, Shanghai, China. 02 This is Autoliv Year in Brief .......................................................................................................................................... 04 CEO Message ...................................................................................................................................... 06 Vision / Mission / Key Behaviors ........................................................................................................... 08 2024 Financial Summary ...................................................................................................................... 10 Financial and Sustainability Targets ..................................................................................................... 12 Strategy for Change Our Strategic Framework ...................................................................................................................... 16 Customer Focus ................................................................................................................................... 18 Competitive Products and Solutions .................................................................................................... 22 Efficient Value Delivery ......................................................................................................................... 28 The Autoliv Way .................................................................................................................................... 32 Sustainability Sustainability Highlights ...................................................................................................................... 36 A Driving Force in Sustainable Mobility ............................................................................................... 38 Sustainability Materiality Assessment ..................................................................................................40 Sustainability Governance ...................................................................................................................42 Road Safety ..........................................................................................................................................44 Climate and Circularity .........................................................................................................................47 TCFD Disclosure ..................................................................................................................................52 A Safe and Inclusive Workplace ............................................................................................................54 Responsible Business ..........................................................................................................................56 Sustainability Appendix ........................................................................................................................62 Investing in Autoliv Creating Shareholder Value.................................................................................................................. 68 Board and Management Board of Directors.................................................................................................................................72 Executive Management Team...............................................................................................................73 Location and Capabilites.................................................................................................................................75 Contacts and Calendar....................................................................................................................................76 Multi-Year Financial Summary.........................................................................................................................77 03 THIS IS AUTOLIV Year in Brief The World s Automotive Safety Supplier Key Figures 2024 $10.4b 9.7% net sales 44% market share $771m shareholder returns adj. operating margin* $1.1b 65,000 operating cash flow associates worldwide 30% 15% renewable electricity use improvement in GHG emissions intensity Our products saved approximately 37,000 lives and reduced around 600,000 injuries. *) Non-GAAP Performance Measures. See "Non-GAAP Performance Measures" section in the 10-K filed with the SEC. 04 A utoliv, Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sdb) is the worldwide leader in automotive safety systems. At Autoliv, we challenge and redefine the standards of mobility safety to sustainably deliver leading solutions. We develop, manufacture and market protective systems, such as airbags, seatbelts, and steering wheels, for all major vehicle manufacturers in the world. In 2024, our products saved approximately 37,000 lives and reduced around 600,000 injuries. Autonomous driving, connected cars and electric vehicles are transforming the automotive industry. We are wellpositioned to sustainably adapt to these new business opportunities. By leveraging our technological expertise and operational capabilities, we are also exploring new growth opportunities, such as safety for commercial vehicles and pyro safety switches. Share of total sales EUROPE AMERICAS 33% 28% CHINA ASIA 19% 19% Due to rounding effects, the illustration does not sum up to 100%. 05