Autoliv Inc. (NYSE:ALV) delivered stronger-than-expected third-quarter results on Friday before market open, driven by higher organic sales and cost efficiencies, and reaffirmed its full-year outlook.

The company reported adjusted earnings of $2.32 per share, topping analysts’ estimates of $2.04 and rising 26% from $1.84 a year earlier.

The quarterly net sales climbed 5.9% to $2.71 billion, exceeding the consensus forecast of $2.68 billion and up from $2.56 billion in the same quarter last year.

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Operating Margin Boosted by Cost Efficiencies and Tariff Management

Autoliv said profitability improved notably, driven by organic sales growth, effective cost reduction initiatives, and favorable supplier settlements and compensations.

The company estimated that U.S. tariffs reduced the operating margin by about 20 basis points, as it successfully passed on ...