Financial Report April – June 2018
Financial Summary · Consolidated Net Sales $572M · Net Sales growth (1)% · Organic Sales* growth (4.5)% · Operating margin (8.4)% Full Year Outlook 2018 · Consolidated Net Sales similar level as 2017 · Organic Sales* growth around (3)% · Operating loss to remain around similar levels as Q2 for Q3 and Q4 2018 Business Highlights · Active Safety organic sales* growth of 11% · Strong order intake over the last 12 months of approximately $1.1 billion on an annualized basis · Expanding customer bid activity across the product portfolio · Sourced major