Financial Report October - December 2018
Financial Summary - Q4'18• Consolidated Net Sales $535 million• Net Sales growth (10)%, Organic Sales* growth (9)%• Active Safety Sales growth 1%, Organic Sales* growth 3%• Operating Margin (14)% 2019 Outlook • Light vehicle production slightly down as compared to 2018• Organic Sales* are expected to be flat to decline slightly versus 2018• Currency translation impact on sales ~(2)% versus 2018• Operating margin weaker during H1'19, with improvement in H2'19 Business Highlights • FY'18 record order intake for Veoneer was more than $1.2 billion average annual sales,