Autoliv, Inc. has filed its 2024 Annual Report on Form 10-K and its annual sustainability report with the Securities and Exchange Commission (SEC) and the Swedish Financial Supervisory Authority. These reports provide a detailed account of the company's financial performance and sustainability initiatives for the past year.
The 2024 report highlights key figures including $10.4 billion in net sales, a 9.7% adjusted operating margin, and $1.1 billion in operating cash flow. Autoliv maintained a 44% market share and reported that its products saved approximately 37,000 lives and reduced around 600,000 injuries during the year.
The sustainability report emphasizes progress towards climate targets, noting an increase in renewable electricity usage to 30% in 2024, up from 1% in 2021. The company also detailed efforts in using low-carbon materials, such as 100% recycled polyester for airbags, and its commitment to carbon neutrality in operations by 2030 and net-zero emissions across the supply chain by 2040.
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