Autoliv achieves record second quarter results

Swedish automotive safety product supplier Autoliv achieved new records in sales, operating profit and operating profit margin in the second quarter. Its net sales increased by 4.2% year-on-year to US$2.714 billion, and its adjusted operating profit increased by 14% year-on-year to US$251 million. The adjusted operating profit margin was 9.3%, higher than 8.5% in the same period last year.