Financial Report July – September 2019
Q3 2019: Business cycle management yielding resultsFinancial highlights Q3 2019 $2,028m net sales1.2% organic sales growth*7.6% operating margin9.0% adj. operating margin*$0.98 EPS - a decline of 27%$1.30 adj. EPS* - a decline of 4% Full Year 2019 indications Around (2)% net sales growthAround 1% organic sales growthAround 9% adj. operating margin Key business developments in the third quarter of 2019 · Organic growth outperformed global light vehicle production by 4.6pp mainly due to China and Americas. · Profitability still impacted by global LVP decline