RE: Veoneer earnings release5 Feb 2020 11:25
Active Safety - Net sales for the quarter of $154 million decreased by
22% as compared to 2018. This decline was primarily driven by the
organic sales1
decline of 20%. The LVP in our major markets for Active
Safety (Western Europe, North America, China and Japan), where we
have a relatively higher CPV on premium brands produced in those
markets, declined by more than 4%.
Net Loss - The net loss for the quarter of $93 million decreased by $26
million as compared to 2018.