Item 2.02 Results of Operations and Financial Condition.
On January 27, 2023, Autoliv, Inc. (the "Company") issued a press release
announcing its financial results for the fourth quarter of 2022. A copy of the
press release is furnished as Exhibit 99.1 to this report and is incorporated
herein by reference. This press release contains certain references to financial
measures identified as "organic sales," "adjusted operating income," "adjusted
operating margin," "trade working capital," "adjusted earnings per share," "net
debt," "adjusted EBITDA," "net cash before financing," "operating cash flow,"
"free cash flow," "cash conversion," "leverage ratio," and "adjusted return on
capital employed," all of which are adjustments from comparable measures
calculated and presented in accordance with U.S. generally accepted accounting
principles (GAAP). These financial measures, as used herein, differ from
financial measures reported under GAAP, and management believes that these
financial presentations provide useful supplemental information, which is
important to a proper understanding by investors of the Company's core business
results. These presentations should not be viewed as a substitute for results
determined in accordance with GAAP, nor are they necessarily comparable to
non-GAAP financial measures presented by other companies. For an explanation of
the reasons why management uses these figures, see the Company's Annual Report
on Form 10-K for the fiscal year ended December 31, 2021, filed with the SEC on
February 22, 2022, and the Press Release regarding its financial results for the
fourth quarter of 2022. A copy of the press release is furnished as Exhibit 99.1
to this report.
Item 7.01 Regulation FD Disclosure.
On January 27, 2023, the Company issued a press release announcing its financial
results for the fourth quarter of 2022. A copy of the press release is furnished
as Exhibit 99.1 to this report and is incorporated herein by reference.
The information in Items 2.02 and 7.01 of this Form 8-K and the exhibit attached
hereto as Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of
the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or
otherwise subject to the liabilities of that section, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of 1933, as
amended, or the Exchange Act, except as shall be expressly set forth by specific
reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) EXHIBITS
99.1 Press Release of Autoliv, Inc. dated January 27, 2023.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
2(4)
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