Autoliv expands its Commercial Vehicle Safety business with the acquisition of MCF Safety Belts. Nov 03, 2026, 02:31 ET STOCKHOLM, Nov. 3, 2026 /PRNewswire/ - Autoliv, Inc. (NYSE: ALV) (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced that it has completed the acquisition of MCF Safety Belts S.r.l., an Italian specialist in seatbelts for commercial and specialty vehicles, following final regulatory approval. The acquisition supports Autoliv's broader strategic agenda to drive growth in adjacent markets. The acquisition expands Autoliv's business further into off-road and specialty commercial vehicle markets and establishes a European hub for low-volume, high-variant seatbelt solutions. This strategic step advances the growth of Mobility Safety Solutions, a subcategory of Autoliv's automotive safety products and components business that focuses on bringing the company's proven safety technologies and expertise to adjacent markets beyond traditional passenger cars. Founded in 1989 and headquartered in Pancalieri near Turin, Italy, MCF Safety Belts develops and manufactures certified seatbelts and specialized harnesses for more than 500 customers across commercial and specialty vehicle applications. MCF Safety Belts has approximately 60 employees and annual sales of around EUR 10 million. The acquisition will strengthen Autoliv's automotive safety products and components business in four key areas: * Broaden Autoliv's seatbelt offering with flexible, off-the-shelf and customized solutions for commercial and specialty vehicles * Expand access to customers and applications in attractive on-road and off-road segments * Create a scalable European low-volume, high-variant production and engineering hub * Accelerate growth through cross-selling, geographic expansion and selective procurement and operational synergies Building a Scalable Commercial Vehicle Safety Platform "The acquisition of MCF Safety Belts is a clear strategic fit. It strengthens our offerings with capabilities that are close to our core, while giving us faster access to new customers, applications and geographies. MCF's agility and specialized know-how, combined with Autoliv's global reach, technology leadership, and safety expertise, create a strong platform for profitable growth and for bringing proven safety solutions to more mobility applications," said Per Lindeberg, Vice President Mobility Safety Solutions, Autoliv. "MCF Safety Belts has built its position by combining certified restraint expertise with speed, flexibility and close customer relationships. We look forward to working with Autoliv to maximize MCF's potential and bring our life-saving solutions to more customers and markets," said Marco Ghersi, CEO of MCF. Autoliv intends to preserve the company's customer proximity, entrepreneurial speed, and flexible operating model while providing access to Autoliv's global customer base, technology portfolio, purchasing scale, and operational capabilities. The current management team is expected to remain with the business. About Autoliv Autoliv, Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sdb) is the worldwide leader in automotive safety systems. Through our group companies, we develop, manufacture and market protective systems, such as airbags, seatbelts, and steering wheels for all major automotive manufacturers in the world, as well as mobility safety solutions, such as commercial vehicles and electrical safety solutions. At Autoliv, we challenge and re-define the standards of mobility safety to sustainably deliver leading solutions. In 2025, our products saved approximately 40,000 lives and reduced around 600,000 injuries. We have operations in 25 countries, and we drive innovation, research, and development at our 13 technical centers. Our approximately 64,000 employees are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. Sales in 2025 amounted to $10.8 billion. For more information go to www.autoliv.com. About MCF Safety Belts MCF Safety Belts S.r.l. is an Italian specialist in the development and manufacture of certified restraint systems for commercial and specialty vehicles. Founded in 1989 and based in Pancalieri near Turin, the company supplies flexible, customized and off-the-shelf safety belt solutions for applications including agriculture, material handling, bus and coach, motorhomes, microcars and motorsport. Safe Harbor Statement This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law. Inquiries: Media: [email protected] Gabriella Etemad, Tel +46 70 612 64 24, Emelie Ericson, Tel +46 70 957 81 35 Investors & Analysts: [email protected] Anders Trapp, Tel +46 709 578 171, Henrik Kaar, Tel +46 709 578 114 The following files are available for download:

Autoliv reported third-quarter net sales of $2.7 billion, down 0.5% year over year, as global light vehicle production fell 1.9%. Adjusted operating income dropped 3% to $262 million, and adjusted operating margin slipped to 9.7% from 10.0%, ahead of earlier indications. Adjusted diluted earnings per share were $2.19, down 13 cents, mainly on higher taxes. Operating cash flow was $239 million. The company returned $213 million to shareholders through $150 million in buybacks and $63 million in dividends. Sales in India grew nearly 30% organically. In China, Chinese carmakers made up 58% of sales, up from 46%. Autoliv narrowed its 2026 adjusted operating margin guidance to about 10.5%, the low end of its range. It expects operating cash flow of about $1.2 billion and flat organic sales.

Autoliv shares fall after earnings miss and narrower margin outlook. Reading Time: 4 mins read STOCKHOLM, October 23, 2026 - Autoliv (NYSE: ALV) missed quarterly earnings expectations Friday and narrowed its annual margin outlook as rising costs weighed on the automotive safety supplier. The company's third-quarter report showed sales of $2.693 billion, down 0.5% from a year earlier. Adjusted earnings fell to $2.19 a share from $2.32; reported diluted earnings were $2.13. Shares fell 5.27% in premarket trading, Investing.com reported Friday. Its cited consensus was $2.26 a share on revenue of $2.73 billion. Those figures describe the early market reaction rather than a closing price. Autoliv now expects an adjusted operating margin of around 10.5% for 2026, the bottom of its previous 10.5%-11% range. It retained forecasts for roughly unchanged organic sales and about $1.2 billion in operating cash flow. Management cited higher raw-material and logistics costs, flooding in Thailand and less accurate customer production orders. Organic sales declined 1.1%, outperforming the 1.9% global light-vehicle production decline cited in its report. India remained stronger, with organic sales growth of 29%. The shift follows a July 17 update that retained the wider margin range while anticipating a much stronger fourth quarter. Second-quarter sales rose 3.3% to $2.803 billion, and adjusted operating margin reached 9.6%, compared with 9.3% a year earlier. That earlier quarter also produced $434 million in operating cash flow, up from $277 million. Autoliv said it had announced plans to discontinue manufacturing in Türkiye as part of efforts to align capacity with demand. It also highlighted cooperation agreements with Great Wall Motor and XPENG, alongside strong sales growth in India. During that quarter, it also repurchased and retired 1.65 million shares. Results elsewhere in the auto industry have differed. General Motors announced a $20 billion share-buyback authorization and higher automotive free-cash-flow guidance on October 20, reported by The FINANCIAL. GM's third-quarter revenue rose 2.9% to $50 billion, while adjusted earnings reached $3.70 a share. Key business developments in the third quarter of 2026 - Net sales decreased organically* by 1.1%, which was 0.8pp higher than the global LVP decrease of 1.9% (Mobility Global, Oct 2026) mainly driven by strong performance in Asia. Regional and customer LVP mix is estimated to have impacted sales negatively by around 0.9pp. Our organic sales* outperformed LVP in Asia excl. China and in China, while it underperformed in EMEA and was about in line with LVP in the Americas. Our strong performance in Asia excl. China was mainly due to India, where we outperformed by 11pp, driven by continued strong market growth in safety content per vehicle, while in China, we outperformed by around 20pp with Chinese OEMs. - Profitability remained strong. Operating income decreased by 5.0% mainly due to the supplier settlement compensation received in Q3 2025. Adjusted operating income* decreased by 3.4%. Operating margin was 9.4% and adjusted operating margin* was 9.7%. ROCE was 24.1% and adjusted ROCE* was 24.4%. - Cash flow remained solid. Operating cash flow was $239 million compared to $258 million in 2025. Free operating cash flow* was $124 million compared to $153 million in 2025. The leverage ratio* was 1.3x. In the quarter, a dividend of $0.87 per share was paid and 1.23 million shares were repurchased and retired. "We continued to deliver well across all key areas in the third quarter. Our sales in India grew by nearly 30% and our sales to Chinese OEMs grew by more than 20%. Strong sales growth in Japan contributed to our sales in Asia exceeding China in the quarter. Globally, our organic sales performance exceeded global LVP by around 1pp, significantly outpacing LVP growth in India, Japan and with Chinese OEMs. We continued to successfully manage geopolitical developments during the quarter, limiting the effects of tariffs, supply chain challenges and raw material price increases. Well-executed cost reduction initiatives and increased engineering income contributed to a third quarter adjusted operating margin of 9.7%. Our cash flow remained strong, supporting our ambitious shareholder return strategy. Our leverage ratio of 1.3x was almost unchanged compared with the prior quarter, despite repurchasing around 1.23 million shares for $150 million and paying dividends of $63 million in the quarter. Over the last 12 months, we have repurchased 4.14 million shares for $500 million, in addition to paying $258 million in dividends and keeping our debt leverage ratio unchanged. To support our growing partnerships with Chinese OEMs, our innovation capabilities, global competitiveness and long term growth, we opened our second R&D center in China in Q3. The business environment remains uncertain but we anticipate a strong fourth quarter supported by an increasing number of product launches and significant raw material recoveries. Throughout the year, cost headwinds have increased materially, mainly related to raw materials, logistics, the recent flooding in Thailand and lower call off accuracy since Q1. We have been able to offset the majority of these cost headwinds mainly through labor efficiency, material savings through Value Engineering and successful negotiations with customers and suppliers. However, the additional headwinds narrows our full year adjusted operating margin expectation to around 10.5%, the low end of our range of around 10.5-11%. We continue to expect unchanged organic sales growth and an operating cash flow of around $1.2 billion. Based on our full year guidance, we continue to expect strong cash flow for the year, which supports our ambition to provide attractive shareholder returns through share repurchases and dividends. Finally, I would like to invite you to our 2027 Investor Day, which will take place in Shanghai, China, on April 26 and 27, 2027. It will be held in connection with the Auto Shanghai, the largest and most important auto show in the world." Support Independent Journalism Help The FINANCIAL continue delivering quality business and financial news.Support from as little as $1. If you can, please consider supporting us with a regular amount each month. Thank you