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Autoliv: Financial Report April – June 2026

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Q2 2026: Positive momentum continued in second quarter

STOCKHOLM, July 17, 2026 /PRNewswire/ — 

Financial highlights Q2 2026

$2,803 million net sales, increase of 3.3%

1.0% organic sales growth*

6.8% operating margin, 9.6% adj. operating margin*

$1.35 diluted EPS, 38% decrease

Full year 2026 guidance

Around 0% organic sales growth

Around 2.5% positive FX impact on net sales

Around 10.5-11% adjusted operating margin

Around $1.2 billion operating cash flow

All change figures in this release compare to the same period of the previous year except when stated otherwise.

Key business developments in the second quarter of 2026

Net sales increased organically* by 1.0%, which was 1.3pp higher than the global LVP decrease of 0.3% (S&P Global July 2026) mainly driven by strong performance in Asia. Regional and customer LVP mix is estimated to have impacted sales negatively by about 0.6pp. Our organic sales growth* outperformed LVP significantly in China and in Asia excl. China, underperformed slightly in EMEA and more markedly in Americas. Our strong performance in Asia excl. China was mainly due to India, where we outperformed by 20pp, driven by continued strong market growth in safety content per vehicle, while our China performance was due to more than 40pp outperformance with Chinese OEMs.Underlying profitability remained strong. Operating income decreased substantially due to previously communicated restructuring activities in Türkiye. Adjusted operating income* increased by 7.3%, despite adverse effects from FX and raw material prices, mainly due to well executed direct material cost savings. Operating margin was 6.8% and adjusted operating margin* was 9.6%. ROCE was 17.9% and adjusted ROCE* was 24.9%.Cash flow was the best for a second quarter so far with operating cash flow improving from $277 million to $434 million, mainly driven by strong underlying profitability and a normalization of working capital. Free operating cash flow* more than doubled to $340 million. The leverage ratio* improved to 1.2x. In the quarter, a dividend of $0.87 per share was paid and 1.65 million shares were repurchased and retired.

*For Non-GAAP measures see enclosed reconciliation tables.

Key Figures

(Dollars in millions, except per share data)

Q2 2026

Q2 2025

Change

6M 2026

6M 2025

Change

Net sales

$2,803

$2,714

3.3 %

$5,556

$5,292

5.0 %

Operating income

192

247

(22) %

429

502

(14) %

Adjusted operating income1)

270

251

7.3 %

515

506

1.7 %

Operating margin

6.8 %

9.1 %

(2.3)pp

7.7 %

9.5 %

(1.8)pp

Adjusted operating margin1)

9.6 %

9.3 %

0.4pp

9.3 %

9.6 %

(0.3)pp

Earnings per share – diluted

1.35

2.16

(38) %

3.24

4.31

(25) %

Adjusted earnings per share – diluted1)

2.43

2.21

10 %

4.49

4.36

2.9 %

Operating cash flow

434

277

57 %

359

355

1.1 %

Return on capital employed2)

17.9 %

23.8 %

(5.8)pp

20.3 %

24.8 %

(4.5)pp

Adjusted return on capital employed1,2)

24.9 %

24.1 %

0.8pp

24.1 %

25.0 %

(0.9)pp

Dividends paid

(64)

(54)

19 %

(130)

(108)

20 %

Share repurchases

(200)

(51)

293 %

(200)

(101)

97 %

1) Excluding effects from capacity alignments and antitrust related matters. Non-GAAP measure, see reconciliation table.
2) Annualized operating income and income from equity method investments, relative to average capital employed.

Comments from Mikael Bratt, President & CEO

Through focused execution, we maintained the positive momentum from the first quarter. Globally, our sales grew organically more than 1pp faster than global LVP, outgrowing LVP significantly in Asia. Our sales to Chinese OEMs grew by more than 40%, and Chinese OEMs accounted for 55% of our sales in China, compared to 40% a year ago. Our opportunities with Chinese OEMs were further solidified by signing new strategic cooperation agreements with both Great Wall Motor and XPENG. Sales in India continued to grow by more than 35%.

Well executed cost reduction activities supported a continued improvement of underlying profitability, with adjusted operating margin increasing to 9.6%.

I am pleased that our cash flow improved in line with our expectations, resulting in record operating cash flow for a second quarter, and supporting our ambitious shareholder return strategy. Our leverage ratio improved to 1.2x, despite repurchasing around 1.65 million shares, equal to $200 million, in the quarter.

In line with our ambition to ensure long-term competitiveness and align production capacity with market demand, we continue to optimize our footprint. In the quarter, we announced that we will discontinue manufacturing operations in Türkiye.

We continued to manage geopolitical developments successfully in the quarter, limiting the effects of tariffs, supply chain challenges and raw material price increases.

The business environment remains uncertain but our current best estimate for the remainder of the year is to reiterate our full year 2026 guidance of about unchanged organic sales growth, adjusted operating margin of around 10.5-11% and operating cash flow of around 1.2 billion. This is based on the assumption that LVP will decline by around 2.5%.

Customer compensations and other mitigation initiatives are expected to have limited impact in Q3, but significantly greater contribution in Q4. Therefore, we expect third quarter adjusted operating margin to be around the first half 2026 level, with a significant improvement in Q4.

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, including share repurchases of $300-500 million in 2026.

Next Report

Autoliv intends to publish the quarterly earnings report for the third quarter of 2026 on Friday, October 23, 2026.

Inquiries: Investors and Analysts

Anders Trapp
Vice President Investor Relations
Tel +46 (0)709 578 171

Henrik Kaar
Director Investor Relations
Tel +46 (0)709 578 114

Inquiries: Media

Gabriella Etemad
Senior Vice President Communications
Tel +46 (0)70 612 6424

Autoliv, Inc. is obliged to make this information public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the VP of Investor Relations set out above, at 12.00 CET on July 17, 2026.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/autoliv/r/financial-report-april—june-2026,c4375674

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CobbleStone Announces Upcoming Webinar With WSIPC Cooperative Purchasing On Enhancing Education Agreements

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CobbleStone Software and WSIPC are hosting an exclusive joint webinar tailored specifically for those in the K-12 education community looking to improve their contract management processes July 23rd, 2026 at 1:00PM – 1:30PM.

PRINCETON, N.J., July 17, 2026 /PRNewswire/ — CobbleStone Software, a recognized leader in contract lifecycle management (CLM) and contract artificial intelligence, is pleased to announce an upcoming collaborative webinar with WSIPC Cooperative Purchasing, titled: Enhancing Education Agreements with CobbleStone Software & WSIPC Cooperative Purchasing. The experience is tailored specifically for K-12 education professionals who manage a high volume of vendor agreements, compliance mandates, and educational service contracts. It will take place July 23rd, 2026 at 1:00PM – 1:30PM.

The highly voluminous and complex contract management process that education-sector professionals face can feel like a balancing act. When contract management stalls, a domino effect occurs, with school budgets and on-the-ground classroom resources being at risk of toppling – resulting in myriad deleterious downstream effects for system systems, teachers, and students.

Luckily, K-12 organizations can rest assured that there is a solution to prevent such headaches: contract lifecycle management tools.

Professionals are encouraged to join Alex Carraro (Account Manager at CobbleStone Software) and Cynthia Gefeller (Contract Administrator at WSIPC) as they tackle education tech contracting solutions that power the sector, with industry-tailored CLM functionality that includes:

Generative AI functionality (chatbot, risk insights, contract sentiment analysis)AI-powered agentic redlining, negotiation playbooks, and auto-obligation tracking and task creation.A searchable, reportable contract repository.Flexible workflow agents and task alerts.Compliance guardrails and monitoring tools.Various system integrations.

Click here to register for the webinar and learn more.

“K-12 education leaders shape the minds of the irreplaceable young people that will go on to shape the workforce,” said Bradford Jones, Vice President of Sales & Marketing at CobbleStone Software.

“By empowering the sector’s legal, procurement, and administrative teams with the tools they need to uphold a strong foundation and strategy for K-12 education, we are honored to play a crucial role in a mission to build a more prepared, knowledgeable, and capable populace.”

Book a free demo to see CobbleStone in action today!

For more information, email Sales@CobbleStoneSoftware.com or call 866-330-0056.

About CobbleStone Software:

CobbleStone Software is a celebrated leader in contract management software solutions whose flagship CLM software solution – CobbleStone Contract Insight® – expedites contract management, vendor management, eProcurement, and eSourcing processes while offering an agentic AI-powered experience, seamless integrations, ease-of-use, and high scalability. CobbleStone provides more intelligent contracts with VISDOM® artificial intelligence, agentic chatbot, machine learning, simplified contract and vendor tracking, highly configurable email alerts, user-friendly calendar notifications, intelligent contract workflow automation, highly robust security options, streamlined authoring of contract templates with dynamic clauses, centralized revenue/cost management, detailed text indexing and searching, future-minded vendor/client ratings, robust document version control, custom contract management reports, speedy IntelliSign® electronic signatures, and more.

Follow CobbleStone Software on social media:
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To stay up to date on contract lifecycle management industry trends and news, subscribe to CobbleStone’s Contract Insights blog.

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Forty Years in the Making: Lucky Mary Blonde Restores a Lost 1988 Concert Through the Power of AI

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Band Releases First Two Singles from Long-Lost 1988 Live Recording Ahead of September 4 Album Release

ST. LOUIS, July 17, 2026 /PRNewswire/ — Nearly four decades after one of its final performances, Illinois alternative rock trio Lucky Mary Blonde is returning with new music from an extraordinary chapter in its history.

Today the band releases its first two singles, “700 Candles Burn” and “I’m a Romantic,” offering listeners the first preview of a newly restored live album recorded during one of the group’s final concerts in the fall of 1988. The complete album is scheduled for worldwide release on September 4, 2026, with two additional singles planned in the weeks leading up to the release.

Recorded at the legendary Gatsby’s music club in Carbondale, Illinois, the concert remained hidden on buried and aging cassette tapes for nearly 40 years before discovery and advances in AI-assisted audio restoration made it possible to recover and restore the performance for modern audiences.

Lucky Mary Blonde emerged as one of the Midwest’s rising college rock bands following the release of its debut album, Let the Moonlight Burn, in late 1987. The album earned regional college radio airplay and established the trio as a favorite throughout the Midwest, performing from Chicago to Memphis before the band unexpectedly disbanded in late 1988.

The restoration project began when St. Louis-based drummer John Baldus received a rediscovered original cassette recording of the concert, prompting him to launch a year-long restoration project with professional recording engineers and original band members, Florida-based Todd Baxter and Virginia-based Jerry Tilk. An unexpected, almost miraculous discovery of a second cassette from the same concert ultimately provided missing audio that helped transform the recording into a remarkably clear and authentic live album.

The finished collection features 16 live performances, including 11 songs never before released, along with five songs from the band’s debut album, Let the Moonlight Burn. Together, they capture Lucky Mary Blonde during its final months and preserve a remarkable chapter of Midwest independent rock history.

The first two singles, “700 Candles Burn” and “I’m a Romantic,” are now available on all major streaming platforms.

The complete live album will be released on September 4, 2026, on Apple Music, Spotify, Amazon Music, and other major digital music services worldwide.

About Lucky Mary Blonde

Lucky Mary Blonde was an Illinois-based alternative rock trio that gained a loyal following throughout the Midwest college music circuit during the late 1980s. Following the release of Let the Moonlight Burn in 1987, the band toured extensively before disbanding in 1988. Their restored live album documents one of the group’s final performances and preserves an overlooked chapter in independent college rock history.

Media Contact
Lucky Mary Blonde
Email: luckymaryblonde@gmail.com
Website: www.luckymaryblonde.com

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Brian Ganser Named Partner in Charge of Growing Advisory Practice

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CLEVELAND, July 17, 2026 /PRNewswire/ — Cohen & Co has named Brian Ganser, MBA, partner in charge of advisory, effective July 13, 2026. In this role, Brian is responsible for the strategy, growth and operational performance of the firm’s Advisory Practice, including its Office of the CFO, Transaction Services and Valuation teams.

Brian has more than 25 years of experience leading and advising middle market organizations through periods of significant growth and transformation. As an entrepreneur, CEO and adviser throughout his career, he has worked alongside founders, management teams and private equity investors to accelerate growth, execute strategic acquisitions and navigate ownership transitions.

“We are excited to have Brian join our senior leadership team,” says Chris Bellamy, Cohen & Co CEO. “As we continue to expand our services to help clients improve performance, execute strategic initiatives and prepare for growth, Brian is the perfect fit both culturally and from a technical perspective to build on the group’s momentum and deliver results on a national scale.”

The firm’s Advisory Practice has seen significant growth, both organically and from recent M&A activity. Cohen & Co recently brought together its cross-functional expertise to formalize an Office of the CFO advisory service offering. The team supports finance leaders through technical and financial reporting, finance transformation and managed accounting services. The firm also has expanded its advisory expertise via various acquisitions since 2024: Tax & Wealth Management based in Cleveland, Ohio, focused on custom tax and accounting advisory services to family offices, ultra-high-net-worth individuals and corporate executives working internationally; Chicago-based Tassi and Company, focused on outsourced fund and partnership accounting, property management and development accounting, and construction draw accounting and tax services; and New York-based Gioffre & Company, focused on outsourced accounting, financial reporting and tax expertise.

Brian is based out of the firm’s Chicago office and serves on the Leadership Council of Special Olympics. He received his MBA from Indiana University Kelly School of Business and his B.A. from Millikin University.

About Cohen & Co
Named one of America’s Most Recommended Tax and Accounting Firms by USA TODAY and one of the Best of the Best Firms by INSIDE Public Accounting, Cohen & Co offers assurance, tax and advisory services to clients throughout the U.S. and worldwide. The firm serves a broad range of clients, from privately held companies and their owners; to public and private funds, advisers and fund service providers within the asset management industry; to Fortune 1000 multinational enterprises. Founded in 1977, Cohen & Co has 900 dedicated professionals across the U.S. and 15 offices in Colorado, Illinois, Ohio, Maryland, Michigan, New York, Pennsylvania and Wisconsin. Through affiliated entities, the firm also has a presence in the Cayman Islands and India. Learn more at cohenco.com. 

 ”Cohen & Co” is the brand name under which Cohen & Company, Ltd. and Cohen & Co Advisory, LLC, and its subsidiary entities, provide professional services. Cohen & Company, Ltd. and Cohen & Co Advisory, LLC practice in an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Cohen & Company, Ltd. is a licensed independent CPA firm that provides attest services to its clients. Cohen & Co Advisory, LLC and its subsidiary entities provide tax, advisory and business consulting services to their clients and are not licensed CPA firms. The entities operating under the Cohen & Co brand are independently owned and are not responsible for the services provided by any other entity operating under the Cohen & Co brand. Our use of terms such as “our firm,” “we,” “us” and other terms of similar import denote the alternative practice structure of Cohen & Company, Ltd. and Cohen & Co Advisory, LLC.

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