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Story summary
- Autoliv posted second-quarter earnings that met expectations, causing its shares to fall 4.4% to 1,152 kronor.
- Net sales reached $2.83 billion, topping the consensus estimate of $2.76 billion.
- Adjusted EBIT was $270 million, slightly above the forecast $268 million.
- Organic revenue grew 1% despite a 0.3% drop in global vehicle production, driven by strong Asian performance.
- SB1 Markets maintained a buy rating and set a target price of 1,390 kronor.
