Financial Report January – March 2023
Stockholm, Sweden, April 21, 2023(NYSE: ALV and SSE: ALIV.sdb)Q1 2023: Strong sales growthFinancial highlights Q1 2023$2,493 million net sales17% net sales increase21% organic sales increase*5.1% operating margin5.3% adjusted operating margin*$0.86 EPS - 9% decrease$0.90 adjusted EPS* - 99% increase Full year 2023 indicationsAround 15% organic sales growthAround 1% negative FX effect on net salesAround 8.5%-9.0% adjusted operating marginAround $900 million operating cash flow Key business developments in the first quarter of 2023 · Sales increased