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Financial Report July – September 2019

Q3 Report – 2019

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Q3 2019: Business cycle management yielding results

Key business developments in the third quarter of 2019

Comments from Mikael Bratt, President & CEO

Full Year 2019 indications Financial highlights Q3 2019

Q3 Report – 2019

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Outlook 2019

Full Year Indication Full Year Indication

Conference call and webcast

Q3 Report – 2019

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Key Performance Trends

Sales Development by region Capex and D&A

Adj. operating income and margin* Operating Cash Flow*

Return on Capital Employed Cash Conversion*

Key definitions ----------------------------------------------------------------------------------------------------------------------------

0

2

4

6

8

10

FY'16 FY'17 FY'18 LTM Q3'19

USD

B

Americas Europe China Japan Rest of Asia

0%

1%

2%

3%

4%

5%

6%

7%

150

200

250

300

350

400

450

500

FY'16 FY'17 FY'18 LTM Q3'19

Of

sale

s

USD

M

Capex, net Capex, net % of sales D&A % of sales

0%

2%

4%

6%

8%

10%

12%

0

200

400

600

800

1,000

1,200

FY'16 FY'17 FY'18 LTM Q3'19

Of

sale

s

USD

M

Adj. operating income Adj. operating margin

500

550

600

650

700

750

800

850

900

FY'16 FY'17 FY'18 LTM Q3'19

USD

M

Operating Cash Flow

0%

5%

10%

15%

20%

25%

FY'16¤ FY'17¤ FY'18 LTM Q3'19

Return on Capital Employed¤ Incl. Electronics

0%

20%

40%

60%

80%

100%

FY'16 FY'17 FY'18 LTM Q3'19

Cash Conversion

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Consolidated sales development

Third quarter 2019

First nine months 2019

Third quarter 2019 development

Sales by product- Airbags Sales by product - Seatbelts

Sales by region

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Q3 Organic growth* Americas Europe China Japan Rest of Asia Global

Autoliv 4.8% (6.7)% 11.2% (1.1)% (2.9)% 1.2%

Main growth drivers Honda, GM,

Nissan, BMW,

Tesla

VW, Renault Honda, VW,

GM

Mazda,

Honda, Subaru

Mitsubishi,

Renault, Nissan

Honda,

VW, GM

Main decline drivers Daimler,

Hyundai/Kia

Daimler, JLR,

BMW, Toyota

Geely, Ford,

PSA

Mitsubishi,

Toyota, Inflators

Hyundai/Kia, Isuzu,

Tata, Toyota

Daimler,

Hyundai/ Kia, Toyota

Light vehicle production development

Americas Europe China Japan Rest of Asia Global

Third quarter 2019

First nine months 2019

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Key launches in the third quarter 2019

Subaru Legacy Land Rover Defender BMW 1-Series

Peugeot 208 Chevrolet Trailblazer Cadillac CT5

Ford Puma BYD Song Pro Subaru Outback

Driver and/or Passenger airbags Seatbelts Side airbags Knee airbag

Head/Inflatable Curtain airbags Pyrotechnical Safety Switch Pedestrian Airbag Steering Wheel

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Financial development Selected income statement items

Third quarter 2019 development

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Selected Balance Sheet and Cash Flow items

Third quarter 2019 development

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Headcount

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Key Ratios

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Other Items•

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•

•

Dividends

Next Report

Inquiries: Investors and Analysts

Inquiries: Media

Footnotes

Definitions and SEC Filings

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“Safe Harbor Statement”

.

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Consolidated Statements of Net Income

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Consolidated Balance Sheets

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Consolidated Statements of Cash Flow

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RECONCILIATION OF U.S. GAAP TO NON-U.S. GAAP MEASURES

Components in Sales Increase/Decrease

Operating Working Capital

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Net Debt

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Leverage ratio

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Free Cash Flow, Net Cash Before Financing and Cash Conversion

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Items Affecting Comparability

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Multi-year Summary

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