Due to volatility associated with The number of shares outstanding The weighted average number of By adjusting for DRD, the The following tabular reconciliation presents This investment in new products The most notable factors have Visibility and predictability of customer The expected rate of increase OEMs rigorously evaluate suppliers on In total, Autoliv has repurchased Reducing labor costs to offset The balanced regional sales mix In addition, from time to Reserves are established to reduce Excluding negative currency translation effects Days receivables outstanding see Glossary Generally, the speed by which In accordance with ASC , Autoliv is subject to various Other income expense , net expense Days inventory outstanding see Glossary The Company may experience material The sharp sales decline followed In China, investments were made Factoring agreements did not have The 1P1P strategy, combined with Our continuous improvement strategies have These non-U.
GAAP measures have Approximately three quarters of our Such differences could have a The trend of increasing CPV A substantial legal liability or In general, management anticipates that A vehicle manufacturer may attempt The Company records liabilities for In addition, the Company maintains Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.
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ALV Corporate News. Click a topic to see its respective remarks. Filter by Category: All. Filter by Subcategory: All. We responded effectively to the pandemic by refocusing our immediate attention to managing the critical business disruption while protecting the health and safety of our employees.
Autoliv is the worldwide leader in automotive safety systems, with sales to all major car manufacturers. Saving More Lives represents the essence of what our business is about. This vision has guided our company from our first seatbelt in and drives the culture within our company.
Ever since the start, we have been at the forefront of our industry, delivering a string of world-first safety innovations to customers around the world. We develop products that save lives and prevent hundreds of thousands severe injuries. Our mission is to provide world-class, life-saving solutions for mobility and society. The COVID pandemic impacted the global business environment and all areas of our operations in Sales and production of light vehicles declined sharply, beginning in China in the first quarter, followed by the rest of the world in the second quarter.
For the third consecutive year our sales outperformed global LVP by 5 to 7pp, driven by increased market shares and higher safety content per vehicle. Throughout the year, we focused on securing a strong liquidity and optimizing our cash flow. The share. Our business priorities are deeply rooted in the growing global demand for traffic safety. Autoliv has pioneered automotive safety for over 65 years, introducing a multitude of new safety products, thereby substantially improving vehicle safety.
This has contributed to increasing safety content per vehicle and a growing market share.
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