Veoneer: Financial Report January - March 2020
STOCKHOLM, April 24, 2020 /PRNewswire/ -- Financial Summary - Q1'20 * Underlying financial results better than expected, due to our Market Adjustment Initiatives (MAI) * Net Sales $362 million * Net Sales decline 27% including Organic Sales1 decline 15%, 9pp better than the global LVP * A...
Veoneer to Focus on Core Electronics Business
STOCKHOLM, April 24, 2020 /PRNewswire/ -- The automotive technology company, Veoneer, Inc.(NYSE: VNE) and (SSE: VNE SDB), has, following a strategic review, decided to exit the brake control business and has signed a non-binding agreement with a well-established automotive supplier to divest Veon...
Veoneer at CES 2020: Showcasing the Products That Will Change how Everyone Drives in the Future
STOCKHOLM, Dec. 5, 2019 /PRNewswire/ -- At CES 2020, Veoneer, a world-wide leader in autotech, will reveal how it believes daily driving in the future will change, showcasing a range of new driver support, collaborative driving and self-driving solutions that are set to become mainstream in the c...
Veoneer: Financial Report April - June 2019
STOCKHOLM, July 26, 2019 /PRNewswire/ -- Financial Summary - Q2'19 * Results slightly better than our internal expectation * Net Sales $489 million * Net Sales decline 14%, Organic Sales[1] decline 10% * Active Safety Net Sales decline 14%, Organic Sales[1] decline 9% * Operating cash f...
Veoneer Publishes Swedish Prospectus
STOCKHOLM, June 14, 2019 /PRNewswire/ -- Veoneer, Inc. ("Veoneer") (NYSE: VNE) (SSE: VNE SDB), a pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), today announced publication of the Swedish prospectus for admission to trading on Nasdaq Stockholm of...
Veoneer Announces Closing of its Capital Raise
STOCKHOLM, May 29, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB),a pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), today announced that the Capital Raise initiated on May 20 closed on May 28. The total proceeds from the capital rai...
Veoneer: Financial Report January - March 2019
STOCKHOLM, April 29, 2019 /PRNewswire/ -- Financial Summary - Q1'19 * Consolidated Net Sales $494 million * Net Sales growth (17)%, Organic Sales1 growth (12)% * Active Safety Net Sales growth (10)%, Organic Sales1 growth (3)% 2019 Outlook * Light vehicle production decline low to mid ...
Veoneer Publishes 2018 Annual Report on Form 10-K
STOCKHOLM, Feb. 26, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driving Assistance Systems (ADAS) and Automated Driving (AD), has filed its 2018 Annual Report on Form 10-K with the Securities and Exchange Commission (S...
Veoneer: Financial Report October - December 2018
STOCKHOLM, Feb. 13, 2019 /PRNewswire/ -- Financial Summary - Q4'18 • Consolidated Net Sales $535 million • Net Sales growth (10)%, Organic Sales* growth (9)% • Active Safety Sales growth 1%, Organic Sales* growth 3% • Operating Margin (14)% 2019 Outlook • Light vehicle production slightly do...
Veoneer Appoints Mats Backman as Chief Financial Officer
STOCKHOLM, Jan. 8, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), has appointed Mr.Mats Backman as Chief Financial Officer. He joins from Autoliv where he ha...
Veoneer Achieves Record Full Year Order Intake
STOCKHOLM, Jan. 8, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), achieved record order intake for the full year 2018. The total lifetime value of the 2018 orders is estimated at$5.9 billion, corresponding to an average annual order value of more than$1.2 billion. This represent...
Veoneer Appoints Chief Technology Officer, Refines Organization
STOCKHOLM, Oct. 24, 2018 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driving Assistance Systems (ADAS) and Automated Driving (AD), has appointed Mr.Nishant Batra to the new position as Executive Vice President (EVP) and...
Veoneer: Financial Report April - June 2018
STOCKHOLM, July 27, 2018 /PRNewswire/ -- Financial Summary * Consolidated Net Sales $572M * Net Sales growth (1)% * Organic Sales* growth (4.5)% * Operating margin (8.4)% Full Year Outlook 2018 * Consolidated Net Sales similar level as 2017 * Organic Sales* growth around (3)% * Oper...
Veoneer is now an Independent, Publicly Traded Company
STOCKHOLM, Sweden, July 2, 2018 /PRNewswire/ -- The spin-off from Autoliv Inc. has been completed and Veoneer Inc. (NYSE: VNE and SSE: VNE SDB) is now an independent, publicly traded company, with listings on NYSE and Nasdaq Stockholm. Regular trading in Veoneer starts today. The start of Veoneer...
