Autoliv Q2 2026 sales rose 3.3% to USD 2.8 billion; diluted EPS fell 38% to USD 1.35.
Operating income dropped 22% to USD 192 million, pushing operating margin down 2.3 percentage points to 6.8%.
Operating cash flow climbed 57% to USD 434 million; leverage improved to 1.2x despite USD 200 million in share buybacks.
Management flagged a sharp hit to operating income from the previously announced Turkey restructuring; manufacturing in Turkey will be phased out.
Maintained full-year outlook for about no organic sales growth, adjusted operating margin of about 10.5%-11%, operating cash flow of about USD 1.2 billion.