Autoliv 3rd Quarter Financial Report

Autoliv 3rd Quarter Financial Report: Autoliv's Profit up 14%; Sales up 9% STOCKHOLM, Sweden, October 21 -- Autoliv Inc. (NYSE: ALV and Stockholm: ALIV) - the worldwide leader in automotive safety systems - today reported a 14% increase in its net income to $43 million, corresponding to $.42 per share, for the three-month period ended September 30, 1999, compared to $38 million and $.37, respectively, for the corresponding quarter 1998. Income before taxes improved by 12% to $72 million. The improvement was driven by continued strong sales performance and improved gross margins. Sales rose by 9% (including a 3% negative currency effect) to $874 million and gross margins improved from 20.3% to 21.1%. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/10/21/19991021BIT00760/bit0002.pdf The full report