Autoliv profit rises in second quarter, shares fall 4.8%

The profit increase was in line with expectations, according to Bloomberg.

Sales rose 3.3 percent to $2.8 billion.

On the stock exchange, Autoliv was down 4.8 percent immediately after the quarterly report.

"Our sales to Chinese vehicle manufacturers grew by over 40 percent and they accounted for 55 percent of our sales in China, compared with 40 percent a year ago," CEO Mikael Bratt writes in a comment in the report.

“Our full-year outlook supports continued strong cash flow for the year, which contributes to our ambition to deliver attractive shareholder returns, including share repurchases of $300-500 million in 2026,” he adds.