ALV - Autoliv Inc. (ALV) Q1 2024 Earnings Call Transcript
2024-04-26 11:41:03 ET
Autoliv, Inc. (ALV)
Q1 2024 Earnings Conference Call
April 26, 2024, 8:00 AM ET
Company Participants
Anders Trapp - Vice President, IR
Mikael Bratt - President and CEO
Fredrik Westin - Chief Financial Officer
Conference Call Participants
Colin Langan - Wells Fargo
Mattias Holmberg - DNB Markets
Dan Levy - Barclays
Bjorn Enarson - Danske Bank
Michael Jacks - Bank of America
Hampus Engellau - Handelsbanken
Jairam Nathan - Daiwa Capital Markets America
Agnieszka Vilela - Nordea
Ross MacDonald - Morgan Stanley
Jason Getz - Mizuho Securities
Presentation
Operator
Good day and thank you for standing by. Welcome to the Autoliv First Quarter 2024 Financial Results Conference Call. At this time all participants are in listen-only mode. After the speaker’s presentation there will be the question-and-answer session. [Operator Instructions]
Please be advised that today’s conference is being recorded. I would now like to hand the conference over to our first speaker today, Anders Trapp. Please go ahead.
Anders Trapp
Thank you, Nadia. Welcome everyone to our first quarter 2024 earnings call. On this call we have our President and Chief Executive Officer, Mikael Bratt; and our Chief Financial Officer, Fredrik Westin; and me, Anders Trapp, VP, Investment Relations.
During today’s earnings call Mikael and Fredrik will, among other things, provide an overview of our strong sales, earnings and cash flow development in the quarter. How our strong balance sheet and asset return rate support the continued high level of shareholder returns. They will outline the expected sequential margin improvement in 2024 towards our targets, and we will also, as usual, provide an update on our general business and market conditions. We will then remain available to respond to your questions, and as usual, the slides are available on autoliv.com.
Turning to the next slide. We have the Safe Harbor statement which is an integrated part of this presentation and includes the Q&A that follows. During the presentation we will reference some non-U.S. GAAP measures. The reconciliations of historical U.S. GAAP to non-U.S. GAAP measures are disclosed in our quarterly earnings release which is available on autoliv.com and in the 10-Q that will be filed with the SEC.
Lastly, I should mention that this call is intended to conclude at 3 p.m. Central European Time, so please follow a limit of two questions per person.
I will now hand over to our CEO, Mikael Bratt.
Mikael Bratt
Thank you, Anders. Looking on the next slide. I want to express my appreciation to the entire Autoliv team for their unwavering dedication to achieve our goals and for delivering another strong quarter in a challenging environment....
Autoliv, Inc. (ALV) Q1 2024 Earnings Call Transcript