QUOTE AND NEWS
Automotive World  Dec 18  Comment 
Autoliv, Inc. (NYSE: ALV, and SSE: ALIV sdb), the worldwide leader in automotive safety with extensive industry experience in both active and passive safety systems, including steering wheels, and Neonode Inc. (NASDAQ: NEON), the optical touch...
Benzinga  Dec 16  Comment 
Alexza Pharmaceuticals, Inc. (Nasdaq: ALXA) today announced that it amended its commercial Manufacturing and Supply Agreement ("Supply Agreement") with Autoliv ASP Inc., the North American subsidiary of Sweden-based Autoliv Inc. Autoliv...
Market Intelligence Center  Dec 12  Comment 
For a hedged play on Autoliv Inc (ALV), MarketIntelligenceCenter.com’s option-trade picking algorithms recommend the Mar. '15 $100.00 covered call for a net debit in the $96.04 area. That is also the break-even stock price for the covered call....
Automotive World  Dec 9  Comment 
The Board of Directors of the worldwide leader in automotive safety systems, Autoliv, Inc. (NYSE: ALV, and SSE: ALIV sdb), today declared a quarterly dividend of 54 cents per share for the first quarter 2015. The dividend will be payable on...
Clusterstock  Dec 3  Comment 
STOCKHOLM (Reuters) - Autoliv will supply replacement airbag inflators to be used by Honda Motor Company in support of the company's initiatives in the United States, Autoliv said on Wednesday. "The agreement is made in order to meet the...
Market Intelligence Center  Dec 1  Comment 
After closing Friday at $98.96, Autoliv Inc (ALV) presents an attractive opportunity to get a 2.08% return in just 109 days, which is an annualized return of 6.98% (for comparison purposes only). To enter this trade, sell one Mar. '15 $95.00 call...
Automotive World  Nov 18  Comment 
On November 13 and 14, 2014, Mr. Jan Carlson, Chairman, President and Chief Executive Officer of Autoliv, Inc. (NYSE: ALV and SSE: ALIV sdb) exercised stock options for the purchase of 112,175 shares of Autoliv common stock.  Mr. Carlson sold...
Benzinga  Oct 27  Comment 
In a report published Monday, Morgan Stanley analyst Ravi Shanker reiterated an Underweight rating and $70.00 price target on Autoliv (NYSE: ALV). In the report, Morgan Stanley noted, “The 3Q miss was driven by China underperformance and...




 

Autoliv, Inc. (NYSE: ALV) manufactures protection systems for automobiles, with a product portfolio consisting primarily of safety airbags, seat belts, and steering wheels.[1] Autoliv sells its products to automobile manufacturers such as Ford Motor Company (F), Nissan Motor (NSANY), General Motors (GM), and Volkswagen (VLKAY).[2]

Autoliv is the largest airbag and seat belt producer with 33% of the world market. Despite Autoliv's large size, it is heavily exposed to a few customers as sales to the company's five largest customers comprise nearly 60% of Autoliv's revenues.[3]

Business Overview

Business & Financial Metrics[4]

In 2009, ALV generated a net income of $10 million on revenues of $5.12 billion. This represents a 93.9% decrease in net income and a 20.9% decrease in revenues from 2008, when the company earned $165 million on $6.47 in revenues.

Business Segments

Autoliv's main products are airbags and seat belts, but the company also makes related automobile safety products, including night vision systems, steering wheels, and electronic control systems.[5] The company operates through a single reportable operating segment.[6]

Airbags and Associated Products

Airbags and Associated Products manufactures airbags and related products, such as airbag inflators and modules that control when the airbags deploy.[7] Autoliv's airbags include innovations such as the "Safety-Vent Airbag" which changes size and shape based on the weight and build of the driver or passenger it is protecting. Due to new federal laws in the U.S. requiring that all passenger vehicles in the United States have side curtain airbags by 2012, Autoliv said it expects side curtain airbags to be this segment's strongest growth driver.[8]

Seat Belts and Associated Products

In addition to seat belts, the Seat Belts and Associated Products segment makes related components like pretensioners, which tighten the seat belt right before a crash to help prevent injury, and load limiters, which loosen seat belt tension in a controlled way to decrease pressure on the occupants chest.[9]

Key Trends and Forces

Way to use the internet to help people solve porbelms!

Exchange rates affect ALV's revenues

Because Autoliv reports its revenue in U.S. dollars but does 75% of its business outside of North America, its revenue is highly exposed to fluctuations in exchange rates. When foreign currencies depreciate, the dollar value of Autoliv's international revenues decreases. On the other hand, when the value of the dollar decreases (foreign currencies appreciate), the dollar value of Autoliv's international revenues increases.

Well done artilce that. I'll make sure to use it wisely.

References

  1. ALV 2007 10-K Exhibit 13: Note 19 to Consolidated Financial Statements
  2. ALV 2007 10-K Exhibit 13: Note 19 to Consolidated Financial Statements
  3. ALV 10-K Risk Factors: Our business could be materially and adversely affected if we lost any of our largest customers
  4. ALV 2009 10-K Ex-13  
  5. ALV 2007 10-K Item 1 Business: Business
  6. ALV 2009 10-K  
  7. ALV 2007 10-K Item 1 Business: General
  8. ALV 2007 Annual Report: Technology, pg 18
  9. ALV 2007 Annual Report: Autoliv-Driven for Life, pg 3
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki