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ALV / Autoliv Registers 15.8% Sales Decline In Q4, Notes Margin Pressure

Autoliv Inc (NYSE: ALV) reported a fourth-quarter FY21 sales decline of 15.8% year-on-year, to $2.119 billion, missing the analyst consensus of $2.17 billion. The gross profit declined 26.7% Y/Y to $368 million and the gross margin contracted by 260 basis points to 17.4%. Read More

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Autoliv

Registers

15 Sales

Decline

Notes

Margin

Pressure

Stock

ALV

Posted: Jan 28 2022, 09:10

Author Name: Benzinga

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