Sign in

    Hampus Engellau

    Senior Analyst specializing in industrials at Handelsbanken Capital Markets

    Hampus Engellau is a Senior Analyst specializing in industrials at Handelsbanken Capital Markets, with a coverage focus on prominent companies such as Volvo Group, Volvo Cars, Concentric AB, ABB, and SKF. He maintains a strong track record, ranking in the top half of Wall Street analysts with a 100% success rate and an average return of 17.3% per rating over the past year, according to TipRanks. Engellau has provided strategic analysis on key market developments for these firms, delivering consistently positive and influential assessments since joining Handelsbanken, and is recognized for his expertise in the automotive and industrial sectors. His credentials and professional background include a significant tenure in equity research; detailed license or registration information is not publicly listed.

    Hampus Engellau's questions to AUTOLIV (ALV) leadership

    Hampus Engellau's questions to AUTOLIV (ALV) leadership • Q2 2025

    Question

    Hampus Engellau from Handelsbanken asked if intense price competition among Chinese domestic OEMs has negatively impacted Autoliv's pricing. He also requested an update on the company's performance in India, including market share and growth contribution.

    Answer

    CEO Mikael Bratt stated that Autoliv remains competitive and that the main challenge in China has been product mix, not pricing pressure. CFO Fredrik Westin reported that in India, Autoliv has a ~60% market share, significantly outperformed LVP in H1, and expects India to account for about 5% of total group sales in 2025.

    Ask Fintool Equity Research AI

    Hampus Engellau's questions to AUTOLIV (ALV) leadership • Q1 2025

    Question

    Hampus Engellau inquired about the progress of the capacity alignment and headcount reduction program. He also asked for the outlook on regional and product mix for the remainder of the year.

    Answer

    CFO Fredrik Westin confirmed the headcount reduction program is progressing well, with over 1,500 indirect staff reduced and total headcount down 6% year-over-year, contributing to expected savings. He noted that the negative regional mix seen in Q1 would likely continue in Q2, but a more favorable development is expected in the second half, particularly in China, though a negative mix for the full year is still anticipated.

    Ask Fintool Equity Research AI

    Hampus Engellau's questions to AUTOLIV (ALV) leadership • Q1 2025

    Question

    Hampus Engellau asked about the status of the capacity alignment program, specifically regarding headcount reduction targets, and inquired about the expected sales mix development for the upcoming quarters based on the LVP outlook.

    Answer

    CFO Fredrik Westin confirmed the headcount reduction program is progressing well, with over 1,500 indirect staff reduced and savings on track. Regarding mix, he stated that the negative 3-percentage-point mix from Q1 will likely persist in Q2. While a more favorable development is expected in the second half, the full year is still anticipated to have a negative mix of over one percentage point.

    Ask Fintool Equity Research AI

    Hampus Engellau's questions to AUTOLIV (ALV) leadership • Q4 2024

    Question

    Hampus Engellau from Handelsbanken asked whether Autoliv's LVP outlook was based on its own discussions with OEMs or on S&P Global's forecast, noting potential discrepancies. He also requested details on the content per vehicle (CPV) trend in the growing Indian market.

    Answer

    CEO Mikael Bratt confirmed that the full-year LVP guidance of -0.5% is primarily based on S&P Global's forecast and has not been adjusted for potential tariff impacts. Regarding India, Bratt highlighted significant growth, with CPV at around $120 in 2024, expected to rise to nearly $140 in 2025 and potentially $160 thereafter. He noted Autoliv is well-positioned to capture this growth with its 60% market share.

    Ask Fintool Equity Research AI

    Hampus Engellau's questions to AUTOLIV (ALV) leadership • Q3 2024

    Question

    Hampus Engellau inquired about the progress of Autoliv's cost reduction program, specifically the expected headcount reductions in Q4, and asked about the company's increasing business with Chinese domestic OEMs.

    Answer

    CFO Fredrik Westin clarified that indirect headcount has been reduced by over 1,200 and direct headcount by 6%, with progress aligning with expectations for savings. CEO Mikael Bratt added that the company is gaining significant traction with Chinese OEMs, which is expected to be a positive contributor to performance in 2025.

    Ask Fintool Equity Research AI