Financial Report January – March 2020
Q1 2020: Perhaps, the end of the beginningFinancial highlights Q1 2020 $1,846m net sales13% organic sales decline*7.3% operating margin7.4% adj. operating margin*$0.86 EPS - a decrease of 32%$0.88 adj. EPS* - a decrease of 27% Full year 2020 indications No indications will be provided until effects of COVID-19 pandemic can be better assessed Key business developments in the first quarter of 2020 Organic sales decline* was 11pp better than global light vehicle production, with all regions outperforming LVP. Order intake share remained high and supportive of
