Report
Richard Hilgert
EUR 100.00 For Business Accounts Only

Autoliv Poised for Growth in Automotive Passive Safety Technology

Narrow-moat-rated Autoliv, supplier of airbags, seatbelts, and steering wheels to the global auto industry, reported earnings per share before special items of $1.38, disappointing market expectations; the consensus estimate was $1.48. The result was also $0.84 below the $2.22 EPS (pro forma for the spin-off of Veoneer) reported last year. We think the underperformance versus the market was attributable to a strike at a Mexican facility and high negative operating leverage from a heavy launch sc...
Underlying
Autoliv Inc.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Richard Hilgert

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