Reuters logo
BRIEF-Autoliv CEO says still expects passive safety R,D&E costs to peak in H2
July 21, 2017 / 10:52 AM / 4 months ago

BRIEF-Autoliv CEO says still expects passive safety R,D&E costs to peak in H2

July 21 (Reuters) - Autoliv CEO and Chairman Jan Carlson in Reuters interview:

* Says still expects R,D&E costs in relation to sales on passive safety side to peak during second half of 2017

* Says has recruited around 1,300 engineers between July 2016 and June 2017, which is main reason for higher R,D&E cost estimate for FY2017

* Says sales declines of legacy positioning systems and ramp-down of internally developed brake control systems continue to weigh on growth

* Says “that part will disappear during the second half of this year” Further company coverage: (Reporting Johannes Hellstrom, editing by Niklas Pollard)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below