Autoliv Q3 net income drops 27.1% y/y to USD86 million
Company expects organic sales growth of 1% y/y in 2019
Autoliv has reported 27.1% year-over-year (y/y) decline in net income to USD86 million in the third quarter ended 30 September 2019, the company said in a press release on 25 October. The company also witnessed 20.1% y/y decline in operating income to USD153.8 million. Autoliv’s net sales dropped slightly by 0.1% y/y to USD2.03 million. Excluding currency effects, the company recorded organic sales growth of 1.2% y/y.