Autoliv Expects FY24 Organic Sales Growth Of 5% With Around $1.2B Operating Cash Flow; Company Sees Q1 Adjusted Operating Margin Of Around 7%, Leading To A Full Year 2024 Adjusted Operating Margin Of Around 10.5%
Portfolio Pulse from Benzinga Newsdesk
Autoliv forecasts a 5% organic sales growth for FY24 with an estimated operating cash flow of $1.2B. The company anticipates a Q1 adjusted operating margin of about 7%, aiming for a full year 2024 adjusted operating margin of approximately 10.5%.
January 26, 2024 | 11:10 am
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Autoliv expects FY24 organic sales growth of 5% and operating cash flow around $1.2B. Q1 adjusted operating margin is projected at 7%, with a goal of 10.5% for the full year.
Autoliv's positive outlook for FY24 with expected sales growth and strong operating cash flow is likely to be viewed favorably by investors, potentially leading to a short-term increase in stock price. The projected increase in adjusted operating margins for Q1 and the full year further supports a positive impact on the stock as it indicates improving profitability.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100