The $ALV (+0,47 %) has presented its final figures for the fourth quarter - and delivered a strong result overall.
- Turnover (expected): 45 billion euros
- Turnover (reported): 45.70 billion euros
- EPS (expected): 7.34 euros
- EPS (reported): 7.17 euros
Also important for shareholders: the dividend is set to rise to €17.10 per share, an increase of around 11%. In addition, a share buyback program of up to €2.5 billion was announced. This combines the $ALV (+0,47 %) operational strength with a clear capital repatriation policy and underlines its claim to give shareholders a share in its success.
Future opportunities for the $ALV (+0,47 %) arise from its strong market position, solid capitalization and continued focus on margins. Risks, on the other hand, lie in possible claims burdens, regulatory adjustments or an unexpectedly weaker capital market trend.
The bottom line is that $ALV (+0,47 %) confirms its operational strength and shareholder friendliness with these figures.
The crucial question now remains: is the current pace of growth sufficient to justify the valuation, or is much of the upside already priced into the share price?
~ No investment advice ~
