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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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Cherokee Federal Expands Customer Access Through NASA SEWP VI Award

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Company earns position on NASA’s premier government-wide acquisition contract

TULSA, Okla., July 17, 2026 /PRNewswire/ — Cherokee Federal, the federal contracting division of Cherokee Nation Businesses, today announced that Cherokee Nation Government Solutions (CNGS), a Cherokee Federal company, has been awarded a position on the National Aeronautics and Space Administration’s (NASA) Solutions for Enterprise-Wide Procurement (SEWP) VI Government-Wide Acquisition Contract (GWAC).

The award provides federal agencies with another streamlined way to access Cherokee Federal’s digital transformation, mission support and advanced technology capabilities.

“Federal agencies need acquisition vehicles that help them move quickly while keeping mission success at the forefront,” said Clint Bickett, President of Cherokee Federal. “Our position on SEWP VI makes it easier for customers to access Cherokee Federal’s technology expertise and creates new opportunities for us to help agencies solve complex challenges with secure, scalable capabilities that improve operational performance.”

Through SEWP VI, Cherokee will compete for future task orders supporting defense, civilian and intelligence customers with enterprise modernization, secure technology and digital transformation services.

SEWP VI is a multiple-award, indefinite-delivery/indefinite-quantity (IDIQ) contract that enables federal agencies to procure information technology, communications, audiovisual solutions and related services. NASA recently announced more than 2,100 awards across multiple contract categories.

Cherokee Federal’s portfolio of Advanced Technology Services includes enterprise IT, cloud modernization, cybersecurity, software engineering, data analytics, intelligent automation and program management, enabling the company to support a broad range of federal missions.

For more information on Cherokee Federal, visit cherokee-federal.com.

About Cherokee Federal
Cherokee Federal is the federal contracting division of Cherokee Nation Businesses — the economic engine of Cherokee Nation, the largest Native American tribe in the U.S. The mission of Cherokee Federal is to build a talented team that provides innovative solutions that solve America’s greatest challenges and serves the Cherokee Nation with strong conviction and heart. For more information, please visit cherokee-federal.com or follow Cherokee Federal on LinkedIn, Facebook, X and YouTube.

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SOURCE Cherokee Federal

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ID Logistics US Debuts at No. 17 on Armstrong & Associates’ Top North American Warehousing 3PL Rankings

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JOHNS CREEK, Ga., July 17, 2026 /PRNewswire/ — ID Logistics, a global leader in contract logistics, today announced it has debuted at No. 17 on Armstrong & Associates’ annual ranking of the Top 25 North American Warehousing 3PLs, recognizing the company’s rapidly expanding logistics footprint across the United States and Canada.

The annual ranking is based on the total warehouse space third-party logistics providers operate on behalf of customers across North America. ID Logistics earned the No. 17 position with 19.6 million square feet of managed warehouse space in 2025, supporting customers across the fast-moving consumer goods (FMCG), food and beverage, wine and spirits, retail, e-commerce, fashion and apparel, and temperature-controlled logistics sectors.

This distinction comes as part of ID Logistics’ continued growth that the company has experienced in the United States since the Group’s acquisition of Kane Logistics in 2022, as well as the opening of operations in Canada. This is the first year since the acquisition that ID Logistics US has responded to Armstrong’s survey.

“This recognition reflects the trust our customers place in us and the dedication of our team members across North America,” said Stan Schrader, CEO, ID Logistics US, “Over the past several years we’ve significantly expanded our network and capabilities while remaining focused on delivering innovative, scalable, and sustainable solutions that help our customers grow.”

ID Logistics continues to grow, expanding operations into South Carolina, North Carolina, Virginia, and Kentucky. In addition to warehousing and distribution, ID Logistics has become a key player in third-party co-packing for its US-based customers as well.

About ID Logistics

ID Logistics, headed by Eric HÉMAR, is an international contract logistics Group with revenues of €3.7 billion in 2025. ID Logistics manages nearly 450 sites in 19 countries representing 10 million m² operated in Europe, America, Asia and Africa, with 55,000 employees. With a customer portfolio balanced between distribution, e-commerce, consumer goods, cosmetics and fashion, ID Logistics is characterized by offers involving a high level of technology. Since its creation in 2001, the Group has developed a social and environmental approach through a number of original projects, and is now firmly committed to an ambitious CSR policy. ID Logistics shares are listed on the Euronext regulated market in Paris and are included in the SBF 120 index (ISIN code: FR0010929125, Mnemo: IDL).

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SOURCE ID Logistics Warehousing, LLC

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ASRC Federal Announces New CEO Mike Manzo

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RESTON, Va., July 17, 2026 /PRNewswire/ — Mike Manzo has been named President and Chief Executive Officer of ASRC Federal. He succeeds Jennifer Felix, who was with the company for seven years, six as CEO.

Manzo most recently served as head of the company’s Defense and Intelligence operating group. He brings more than thirty years of experience leading operations and technical organizations supporting federal government clients across the defense, intelligence and civilian markets. His expertise in setting strategic direction and driving both excellence in contract performance and new business growth stems from the long-term, trusted relationships he has developed with customers by consistently meeting commitments.

“I am extremely honored and proud to take the mantle of CEO at ASRC Federal during this time of positive momentum and growth,” said Manzo. “ASRC Federal is in a strong position to deliver broad expertise and innovative solutions to U.S. defense and civilian service missions with speed and precision. I am excited to get to work leading our talented employees across the ASRC Federal family of companies as we drive value for our shareholders and federal customers.”

Manzo previously worked at General Dynamics serving the Department of War and the intelligence community. He holds bachelor’s and master’s degrees in electrical engineering from West Virginia University.

About ASRC Federal

ASRC Federal delivers solutions and services to more than 30 U.S. government agencies in support of some of our Nation’s most critical missions – from space exploration to cyber defense to military base operations and public health. Our capabilities include IT modernization, mission systems engineering and other engineering solutions, software applications and analytics, critical infrastructure and base operations, supply chain management and logistics and professional services. As a family of Alaska Native-owned companies, our work helps secure an enduring future for more than 14,000 Iñupiaq shareholders from Alaska’s North Slope. Since inception, ASRC Federal has contributed to more than $2 billion in shareholder dividends paid by its parent company, Arctic Slope Regional Corporation. For more information, please visit www.asrcfederal.com.

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