Michael Jacks's questions to AUTOLIV (ALV) leadership • Q3 2024
Question
Michael Jacks asked if the updated organic growth guidance fully reflects the negative regional mix, how much of this year's inflation compensation is sustainable into 2025, and if there is evidence of a BEV production ramp in Europe.
Answer
CFO Fredrik Westin confirmed the guidance reflects the negative mix. He stated that while an increasing share of compensations will be ongoing price adjustments, some will remain one-time lump sums requiring renegotiation. Regarding Europe, he noted the outlook aligns with S&P's forecast for a Q4 decline, without signaling a specific BEV ramp-up.