Financial Report Oct.-Dec. 2002

Financial ReportOctober - December 2002 · Record sales, up 22% to $1.2 billion · Pre-tax income up 25% to $77 million · Earnings per share up 23% to $.49 · Record cash flow · Higher dividend and share buy-backs (Stockholm, January 23, 2003) - - Autoliv Inc. (NYSE: ALV and SSE: ALIV) - the worldwide leader in automotive safety systems - reported record sales and cash flow as well as strong earnings for the fourth quarter 2002. Consolidated sales rose faster than expected or by 22% to $1.2 billion due to 12% organic growth. Income before taxes rose by 25% to $77 million and net income by 21% to $48 million, on a comparable basis (i.e. using the same accounting principles for both 2002 and 2001). Earnings per share improved by 23% to $.49. These improvements were achieved despite the fact that light vehicle production only increased by 2%. Cash generation of $80 million after investing activities for the quarter and $269 million for the year were both record highs. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/01/23/20030123BIT00350/wkr0001.doc The Full Report http://www.waymaker.net/bitonline/2003/01/23/20030123BIT00350/wkr0002.pdf The Full Report