Autoliv updates targets and ambitions

Autoliv holds capital markets day - updates targets and ambitions.medium term (up to 3-5 years) targets: on average to grow sales organically* by 3-4% more per year than light vehicle production growth.2020 outlook: looking into next year, we see potential tailwinds and headwinds.potential tailwinds in 2020 include raw material costs, organic growth from market share gains, positive impacts from ongoing cost reduction programs and a stabilization of light vehicle production.autoliv - medium term (up to 3-5 years) targets: company aim to improve its adjusted operating margin* to around 12%, based on an assumed average light vehicle production growth of 1-2% per year.potential headwinds in 2020 include lower inflator replacement sales and higher depreciation and amortization.2020 outlook: considering these potential tailwinds and headwinds we expect a year over year improvement in adjusted operating margin*, absent unforeseen events.long term (beyond 5 years) ambition is to further increase our earnings capacity, to an adjusted operating margin of around 13%.outlook 2020: we expect a year over year improvement in adjusted operating margin*, absent unforeseen events.for first 10 months of 2019, autoliv estimates its global share of orders was around 50%.company maintains its target for leverage ratio (net debt to adjusted. ebitda) of around 1x, with a range of 0.5x to1.5x.
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