Member of Research Advisory Board, President, Chief Executive Officer & Director, Autoliv
Search every verified Mikael Bratt interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Mikael Bratt, President and CEO of Autoliv, has spoken at multiple company events between 2020 and 2024 about the company's strategy, financial targets, and road safety initiatives. At Autoliv's 2024 Supplier Conference, Bratt stated that the company expects an annual average growth of around 2% and noted that Autoliv reached an indicated market share of approximately 45%, with an ambition to defend that share. During the 2023 Investor Day, Bratt said Autoliv had reconfirmed its guidance for strong organic growth of 15% on top of light vehicle production growth of around 3%, and discussed a target adjusted operating margin of around 12%, cash conversion of 80% or higher, and a leverage ratio of one time over time. He also described structural cost reductions involving 2,000 positions in the indirect workforce and 6,000 in the blue-collar environment, and stated that the company had returned more than one billion US dollars to shareholders over the previous five years through dividends and buybacks. Bratt has also emphasized Autoliv's focus on road safety and sustainability. In a 2023 statement supporting the U.N. Road Safety Fund, he said that financing the fund is important for large transformative projects in low- and middle-income countries and that Autoliv is aligned with the fund's priorities. During a 2020 keynote, Bratt stated that Autoliv's products save over 30,000 lives per year and prevent ten times as many injuries, with a goal to increase lives saved to 100,000 per year. He called for cooperation among decision makers, authorities, and the automotive industry to improve safety for vulnerable road users, and noted that Autoliv files approximately 200 patents per year. In response to the COVID-19 pandemic in early 2020, Bratt described actions including adjusting production, reducing investments, furloughing personnel, and drawing $1.5 billion from a revolving credit facility to secure liquidity.
“we expect to see an annual average growth of around 2%.”
“we reached our indication of market share of around 45%, and our ambition here is of course to defend that market share.”
“We have reconfirmed our guidance for this year across the board — a strong organic growth, we're talking about 15 on top of light vehicle production growth of around three percent.”
“We have also talked about a range when it comes to our adjusted operating margin — around 12 — cash conversion 80 percent or higher, and continued focus on a strong balance sheet where we have a leverage ratio of one time over time.”
“What we addressed in our structural cost reduction — we are talking about the head count reduction with the 2,000 positions within our indirect workforce ... and then another 6,000 within the blue-color environment — so all in all ... in the indirect we are ... across the board here.”
“Our focus is to be a shareholder-friendly company — we will return liquidity to our shareholders through the different levers that we have, mainly the direct dividend as well as buybacks; throughout the last five years we have returned more than one billion US dollars.”
“Despite the headwinds we have seen over the last couple of years we see that we have continued to strengthen our position — it was all triggered by the pandemic in early 2020; we have done unfortunately faced war in Ukraine also affecting the value chains, and of course a number of natural disasters — ice storms in Tex...”
“We have outperformed light vehicle production throughout the whole period — in 2018 we were around a 40 percent market share and last year we reported a 43 percent market share, so we have gradually moved up and we're heading towards around 45.”
“The future mobility addressable market provides a lot of interesting opportunities — we see new ratings and regulations driving content per vehicle and the need for new innovations to answer the requirements coming from the electrification of our industry as well as potential autonomous vehicles.”
“Our path forward is very clear: we are holding on to our ambitions to reach our midterm targets, holding on to the activities identified as enablers, and taking further steps to manage short-term headwinds we see in the industry.”
“Financing the U.N Road Safety fund is important because there is a great need for large transformative projects in low and middle income countries that can help us bend the curve on road fatalities.”
“These countries need access to both knowledge and platforms to demonstrate technology. This requires significant funding that allows scaling over time.”
“Autoliv is uniquely positioned to deliver on these two important pillars and is proud to be a partner that can contribute to both.”
“Our expectations for the work with the fund is that by contributing our experience we can help accelerate progress in safety in low and middle income countries, not least by implementing known effective solutions for vehicle occupants and vulnerable road users.”
“Autoliv is fully aligned with U.N Road Safety fund's priorities and a global plan of actions on road safety, and we trust that the fund and its partners will significantly impact road safety in the next decade.”
Autoliv held its Investor Day 2023 on 12 June at Autoliv Technology Center in Auburn Hills, Michigan, USA. President & CEO ...
Autoliv holds Capital Markets Day - updates targets and announces new stock repurchase program. The worldwide leader in automotive safety systems, held a Virtual Capital Markets Day on 16 November 2021, throughout the day, members of Autoliv management outlined the company's strategy, growth opportunities, financial plans and targets, its contribution to sustainable mobility, and the basis for a new stock repurchase program of up to $1.5 billion over the next three years. 0:00 - Start 2:27 - Introduction 24:48 - Sustainability 35:00 - Growth 57:08 - Mobility Safety Solutions (MSS) 1:13:53 -…
Mikael Bratt is President and CEO and a member of the Board of Directors of Autoliv. Prior to joining Autoliv, Mr. Bratt spent almost ...
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