Autoliv Financial Report Q4, 2003
Financial Report October - December 2003 Record Sales, Earnings and Cash Flow (Stockholm, January 22, 2004) - Autoliv Inc. (NYSE: ALV and SSE: ALIV) - the world-wide leader in automotive safety systems - reported record sales, earnings and cash flow for the three-month period which ended December 31, 2003. Consolidated sales rose by 25% to $1,476 million including an organic growth of 9% compared to a 1% decline in the underlying vehicle production. Including $18 million in pre-tax income from the net of license income and changes in provisions ("Special Items"), operating income rose by 53%