Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb) today published certain recast, unaudited historical financial information for the operating segments which became operational on January 1, 2015. Autoliv previously announced on August 13, 2014 that it intended to implement a new operating structure with two operating segments in order to more effectively manage its business operations and allow for future growth.
The Company will report its results under the two new segments, Passive Safety and Electronics, commencing with its quarterly report for the period ending March 31, 2015. Passive Safety includes Autoliv’s airbag and seatbelt businesses, while Electronics joins all of Autoliv’s electronics resources and expertise in both passive safety electronics and active safety in one organization.
Under this new operating structure, Autoliv will report segment information for: sales, operating income, capital expenditures and depreciation & amortization in its quarterly earnings releases and periodic reports.
The figures are available in pdf format as an attachment to this press release and as a downloadable excel file at Autoliv’s corporate website: http://www.autoliv.com/Investors/Pages/Financials . Autoliv intends to publish the quarterly earnings report for the first quarter 2015 on Wednesday, April 22, 2015. The recast information does not revise or restate our previously reported consolidated financial statements.
