Autoliv : Q3 in line and operating scenario unchanged, but lowered tax rate
>Q3 results in line but surprise reduction in the tax rate - Autoliv's Q3 results published on Friday were in line with expectations. The group continues to post dynamic sales growth (+11% y-o-y in organic terms, i.e. 7 pts of outperformance, driven by market share and prices) and ongoing margin recovery (9.4% on adjusted EBIT, +190bp y-o-y). As regards the outlook, the group raised its organic growth guidance for 2023 (+17% vs +15%), reflecting the improvement in th...
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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