Financial Report April - June 2021
Financial Summary - Q2'21 • Sequential improvement in operating loss and cash flow despite lower than expected LVP and continued supply chain challenges• Net Sales $398 million, Net sales increase 116%, Organic Sales1 108% • Active Safety Net Sales increase 149%, Organic Sales increase 140%• Operating cash flow $(69) million.• Cash balance $556 million Outlook - FY'21 • Organic Sales1 growth YoY is expected to exceed 25%• Active Safety Organic Sales1 growth YoY is expected to be in the range of 40-45%• Currency translation impact is expected to be ~4%•