Veoneer

Veoneer
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With sales of approximately $916 million for the full year 2023, Veoneer is a world leader in Automotive Electronic Safety Systems. Veoneer’s scalable, best-in-class restraint control systems are saving lives by mitigating the effects of car crashes. 2023 was a record launch year and in 2024 the company’s products are part of 40 scheduled vehicle launches. To date, the company has delivered more than 1 billion electronic control units and crash sensors to car manufacturers globally. The company is building on a heritage of 70 years of automotive safety development. Veoneer has approximately 2,700 employees in 11 countries.

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Financial Report January - March 2019

Mon, Apr 29, 2019 08:30 CET

Financial Summary - Q1'19 · Consolidated Net Sales $494 million · Net Sales growth (17)%, Organic Sales1 growth (12)% · Active Safety Net Sales growth (10)%, Organic Sales1 growth (3)% 2019 Outlook · Light vehicle production decline low to mid single digits versus 2018 · Organic Sales1 decline in the mid single digits versus 2018 · Currency translation impact on sales unchanged at ~(2)% versus 2018 · Operating loss, cash flow weaker in H1'19, expected improvement in H2'19 Business Highlights · Veoneer Order Book at the beginning of 2019 was more than

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Financial Report January - March 2019

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