- OSK Q1 Earnings Miss Estimates on Lower Access Results
May 11, 2026
Oshkosh Corporation OSK posted first-quarter 2026 adjusted earnings of 85 cents per share, down 55.7% year over year. The figure missed the Zacks Consensus Estimate of $1.04 by 18.53%. Revenues edged up 0.2% year over year to $2,318 million but missed the Zacks Consensus Estimate of $2,324 million by 0.27%.
Results were impacted by weaker profitability in the Access and Vocational segments, caused by an unfavorable sales mix, higher manufacturing overhead costs, and price-cost pressures. The company ended the quarter with a total backlog of $14.54 billion, highlighting strong demand visibility across its business.
Oshkosh Corporation Price, Consensus and EPS SurpriseOshkosh Corporation Price, Consensus and EPS Surprise
Oshkosh Corporation price-consensus-eps-surprise-chart | Oshkosh Corporation Quote
OSK's Profitability Faces Pressure From Mix and Overhead
While sales were essentially flat, OSK’s profitability weakened significantly from last year. Consolidated operating income dropped 53.2% year over year to $82 million, while operating margin narrowed to 3.5% from 7.6% a year ago. Adjusted operating income in the first quarter of 2026 fell 49.8% to $96.3 million, with adjusted operating margin declining to 4.2% from 8.3% in the prior-year quarter.
The decline was mainly due to an unfavorable sales mix, higher manufacturing overhead costs, and lower sales volume. Better pricing and favorable currency impact helped offset some of the pressure on revenues. The quarter also included contract-related adjustments that affected sales figures.
Oshkosh Access Sees Softer Mix and Price-Cost Pressure
Oshkosh’s Access segment reported first-quarter 2026 sales of $943.4 million, down 1.4% year over year, as lower sales volume outweighed the benefit from favorable currency movement. Profitability also declined sharply, with adjusted operating income falling to $38.8 million (down 64% year over year) and adjusted operating margin dropping to 4.1% from 11.3% a year ago.
The segment was hurt by an unfavorable sales mix and pricing pressures that weighed on profitability. Despite the near-term weakness, Access backlog rose 1.9% year over year to $1.84 billion at the end of the quarter, providing solid revenue visibility going forward.
OSK Vocational Slips as Deliveries Trail Expectations
OSK’s Vocational segment reported first-quarter 2026 sales of $825 million, down 4.8% from the year-ago period, as weaker sales volume outweighed the gains from improved pricing. Adjusted operating income fell 26.9% year over year to $94.1 million, while adjusted operating margin declined to 11.4% from 14.9% a year earlier.
Story Continues
Fire truck production improved year over year, but deliveries were lower than expected due to weather and travel disruptions. Vocational backlog increased 4.5% year over year to $6.63 billion, indicating customer demand remained strong despite some delivery delays during the quarter.
Oshkosh Transport Gains on NGDV Ramp and CCA
In the Transport segment, Oshkosh reported first-quarter 2026 sales of $512.8 million, up 10.8% year over year. Growth was mainly driven by higher sales volume and contract-related adjustments, supported by the continued ramp-up in production of the Next Generation Delivery Vehicle for the U.S. Postal Service.
Segment operating income improved to $4.2 million from $0.6 million reported a year ago, while adjusted operating margin increased to 0.8% from 0.1%. The improvement was mainly driven by higher sales volume and lower negative contract-related adjustments, although higher manufacturing costs and an unfavorable sales mix partly offset the gains. Transport backlog totaled $5.96 billion at quarter-end, down 6.9% year over year.
OSK Maintains 2026 Outlook and Returns Capital
OSK has maintained its 2026 outlook and continues to expect revenues of around $11 billion, adjusted operating income of approximately $1.06 billion, and adjusted earnings per share of about $11.50. The company has also reaffirmed its free cash flow forecast of $550-$650 million and expects first-half adjusted earnings to account for roughly 30% of full-year results.
Oshkosh had cash and cash equivalents of $250.3 million as of March 31, 2026, compared with $479.8 million as of Dec. 31, 2025. The company recorded a long-term debt of $600.6 million as of March 31, 2026, compared with $1.1 billion as of Dec. 31, 2025.
Capital returns remained active. Oshkosh repurchased 303,592 shares for $47.3 million during the first quarter of 2026 and declared a quarterly cash dividend of 57 cents per share, payable on June 9, 2026, to shareholders of record as of May 26, 2026.
Operating cash flow was negative $161 million as of March 31, 2026, compared with negative $394.9 million recorded as of March 31, 2025. Free cash flow was negative $189.1 million as of March 31, 2026, compared with negative $435.2 million recorded as of March 31, 2025. This was mainly due to normal seasonal working-capital needs and investment spending early in the year.
OSK currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Releases From Auto Space
Autoliv, Inc. ALV reported first-quarter 2026 results on April 17. It posted adjusted earnings of $2.05 per share, which declined 4.7% year over year but surpassed the Zacks Consensus Estimate of $1.77 by 15.8%. Net sales were $2.75 billion, up 6.8% from the year-ago quarter’s level. The figure beat the Zacks Consensus Estimate of $2.63 billion by 4.52%.
Autoliv ended the quarter with cash and cash equivalents of $342 million compared with $322 million a year earlier. Long-term debt was $1.7 billion compared with $1.56 billion in the year- ago period. Shareholder returns continued through dividends. Autoliv paid a cash dividend of 87 cents per share in the quarter, with total dividend payments of $65 million.
Genuine Parts Company GPC reported its first-quarter 2026 results on April 21. It posted adjusted earnings of $1.77 per share, which missed the Zacks Consensus Estimate of $1.81 by 1.94%. The bottom line improved 1.1% from the year-ago quarter’s adjusted earnings of $1.75 per share.
The company posted revenues of $6.27 billion, which beat the Zacks Consensus Estimate of $6.17 billion by 1.5% and increased 6.8% year over year. The performance was driven by solid sales growth across business segments and a 20-basis-point improvement in gross margin to 37.3%.
GPC’s total liquidity was $1.3 billion as of March 31, 2026, including $500 million in cash and $838 million of revolver capacity. During the quarter, GPC invested $98 million in capex and $14 million in acquisitions while returning $142 million to shareholders via dividends. For 2026, the company targets $450-$500 million in capex and $300-$350 million in M&A, with approximately 7.5 million shares remaining under its repurchase authorization.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Genuine Parts Company (GPC) : Free Stock Analysis Report
Autoliv, Inc. (ALV) : Free Stock Analysis Report
Oshkosh Corporation (OSK) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
View Comments
- Motorcycle Airbag Market Analysis Report 2026 Featuring Key Players - Autoliv, Honda, and Alpinestars
May 11, 2026
Company Logo
The global motorcycle airbag market is expanding rapidly, poised to grow from US$433.55 million in 2024 to US$795.82 million by 2030, driven by increasing road safety concerns and rising motorcycle sales. Integrated into motorcycle designs, these airbags offer critical rider protection in accidents. The market, segmented by components, coating, fabric types, and channels, sees strong OEM demand and innovations in regions like North America and Asia Pacific. Despite challenges like high integration costs, the market benefits from technological advances and rising awareness of motorcycle safety gear. Key players include .
Dublin, May 11, 2026 (GLOBE NEWSWIRE) -- The "Motorcycle Airbag Market: 2026 Edition" has been added to ResearchAndMarkets.com's offering.
The global motorcycle market value stood at US$433.55 million in 2024, and is expected to reach US$795.82 million by 2030. The market is expected to grow at a CAGR of 11.02% over the projected period of 2025-2030.
Manufacturers are increasingly integrate airbag systems into bike designs, enhancing safety features directly within the vehicle structure. The motorcycle airbag market has grown significantly in recent years, driven by increase in number of road accidents.
The competitive landscape of the motorcycle airbag market is marked by a variety of players vying for market share in this rapidly evolving sector. These entities range from established automotive manufacturers to tech giants and specialized component suppliers. Manufacturers are constantly striving to develop airbags that offer enhanced security, and convenience. The ability to offer comprehensive motorcycle airbags that cater to the diverse needs of consumers is crucial in gaining a competitive edge in the market.
The key players are constantly investing in strategic initiatives, such as new product launch, introducing their products to emerging markets and more, to maintain a competitive edge in this market. For instance, In June 2024, Autoliv introduced airbags made with 100% recycled polyester. In collaboration with key supply chain partners, Autoliv has developed yarns, fabrics, and cushions made from 100% recycled polyester for use in airbag production.
Furthermore, surge in demand for advanced safety system, development of self-contained airbag jackets, and rising awareness among customers for protective gears are the other significant factors contributing in the overall growth of the motorcycle airbag market. This surge in travel also results in increased presence of motorcyclists, heightening the importance of prioritizing safety, which in turn, further highlighting the necessity of motorcycle airbags.
Story Continues
North America is the largest region of global motorcycle airbag market, owing to stricter safety regulations in countries like the US. For instance, the National Highway Traffic Safety Administration is promoting the adoption of airbag systems as a safety measure. The rising disposable incomes in North American countries are influencing the demand for premium motorbikes. The presence of technological infrastructure is creating multiple business opportunities through innovations in the airbag system.
The rise of professional bike racing in the region is anticipated to boost the growth in the upcoming years. In 2024, the US remained the largest motorcycle airbags market within the North America. The motorcycle airbags industry in China has been growing strongly over the past few years. The increasing disposable income, rising safety concerns, and a high level of consumer awareness regarding motorcycle safety gear have been key drivers of growth over the period.
Asia Pacific is the fastest growing region of global motorcycle airbag market, driven by rapid urbanization and economic growth in the region. These factors lead to the increasing number of motorcycle users, further drives the demand for enhanced safety features, such as airbags. Moreover, the motorcycle airbag market in the region has gained significant demand due to the growing popularity of bikes like BMW, Honda and many more.
The growing popularity of Japanese brands like Yamaha and Honda is helping to generate more revenue in the region. Additionally, cost-effective manufacturing in the region is attracting several airbag manufacturers that would help the Asia Pacific market in the upcoming years.
Market Segmentation Analysis:By Component:
The report provides the bifurcation of the global motorcycle airbag market into five components namely, Airbag Module, Airbag, Crash Sensor, Airbag ECU, and Inflator.
These airbag modules are considered as a primary unit in the safety systems of motorcycle airbags. The airbag module is a unit containing the lightweight fabric airbag and the inflator, designed to deploy in a crash. The growth of the segment is driven by the critical role of the component in ensuring rider safety, encompassing the essential components such as the airbag and inflator. Technological advancements, increasing regulatory safety standards, and consumer's increased demand for enhanced safety features in motorcycles further propel the adoption and integration of airbag modules, solidifying its leading market share.
By Coating Type:
The report provides the bifurcation of the global motorcycle airbag market into three segments, on the basis of coating type namely, Neoprene-coated, Silicon-coated, and Non-coated. Neoprene-coated segment held the highest share in the market. The market for neoprene-coated airbags is expected to continue growing, driven by increased safety standards and demand for advanced features.
By Fabric Type:
The global motorcycle airbag market can be divided into three segments, on the basis of fabric type, namely, Nylon, Polyester, and Others.
The nylon segment held the highest share in the market. Nylon fabric is mostly used as an airbag fabric due to its closed polymer nature and high material flexibility. According to DENSO Corporation, Nylon 6 is the most used fabric. It is also provisioned as A+ grade by Automotive Manufacturers Association owing to its durability and high-class surface finish giving it an aesthetic look for the bike and riders. Therefore, the nylon motorcycle airbag market is projected to rise significantly in the future.
By Channel:
The global motorcycle airbag market can be divided into two channels, namely, Original Equipment Manufacturers (OEMs) and Aftermarket.
Original Equipment Manufacturers (OEMs) segment held the major share of the global motorcycle airbag market. OEMs refer to the manufacturers that produce various parts and components for new vehicles as original equipment. These systems are installed in vehicles during the manufacturing process and are integral to the vehicle's design.
The OEM segment in the motorcycle airbag market is crucial, driven by the direct integration of airbags into new two-wheelers during the manufacturing process. As the motorcycle industry experiences growth, particularly in emerging markets, there is a concurrent rise in the demand for two-wheelers, thereby propelling the demand for airbags from OEMs.
Market Dynamics
Growth Drivers
Rising Motorcycle Sales Rise in Road Accidents Growing Awareness from Customers for Protective Gears Rising Emphasis on Rider Safety Increasing Safety Regulations
Challenges
High Cost and Complexity of Integration Software Failures Associated with Sensors Weight and Design Constraints
Market Trends
Integration of Artificial Intelligence Increasing Popularity of Adventure Motorcycles Development of self-contained Airbag Jackets Advancements in Technology Integration with Motorcycle Apparel Customization and Personalization of Airbag Systems
Competitive Landscape:
Autoliv, Inc. Honda Motor Co., Ltd. Airvest Alpinestars BERING Clover IT Srl Dainese SpA MOTOAIRBAG (D.P.I. Safety) Furygan GIMOTO SRL Klim RST Limited Ixon.com
For more information about this report visit https://www.researchandmarkets.com/r/w3a0ki
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
View Comments
- European Dividend Stocks To Enhance Your Portfolio
May 11, 2026
As the European markets navigate a landscape marked by easing geopolitical tensions and strong corporate earnings, investors are keenly watching the pan-European STOXX Europe 600 Index, which recently posted modest gains. In this environment, dividend stocks can provide stability and income potential for portfolios, especially when selected with an eye on consistent earnings performance and resilience amid economic fluctuations.
Top 10 Dividend Stocks In Europe
Name Dividend Yield Dividend Rating Zurich Insurance Group (SWX:ZURN) 4.46% ★★★★★★ Zinzino (OM:ZZ B) 4.76% ★★★★★★ Teleperformance (ENXTPA:TEP) 7.09% ★★★★★★ Telekom Austria (WBAG:TKA) 4.26% ★★★★★★ Swiss Re (SWX:SREN) 5.03% ★★★★★★ Rubis (ENXTPA:RUI) 5.90% ★★★★★★ Hannover Rück (XTRA:HNR1) 5.11% ★★★★★★ DKSH Holding (SWX:DKSH) 4.16% ★★★★★★ Banque Cantonale Vaudoise (SWX:BCVN) 3.93% ★★★★★★ Allianz (XTRA:ALV) 4.63% ★★★★★★
Click here to see the full list of 197 stocks from our Top European Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
Banca Mediolanum
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Banca Mediolanum S.p.A. provides a range of banking products and services in Italy and has a market cap of €14.27 billion.
Operations: Banca Mediolanum S.p.A.'s revenue primarily comes from its operations in Italy, with €754.29 million from banking, €557.87 million from insurance, and €433.57 million from asset management, supplemented by contributions of €144.89 million from Spain and €3.83 million from Germany.
Dividend Yield: 6.7%
Banca Mediolanum offers a dividend yield in the top 25% of the Italian market, supported by a payout ratio of 74.6%, indicating dividends are currently covered by earnings. However, its dividend history is marked by volatility and unreliability over the past decade. Despite this, dividends have increased over ten years and are forecast to remain covered with a future payout ratio of 65.2%. The stock trades at 15.4% below estimated fair value.
Unlock comprehensive insights into our analysis of Banca Mediolanum stock in this dividend report. In light of our recent valuation report, it seems possible that Banca Mediolanum is trading behind its estimated value.BIT:BMED Dividend History as at May 2026
SCOR
Simply Wall St Dividend Rating: ★★★★★☆
Overview: SCOR SE is a global reinsurance company offering life and non-life products across various regions including Europe, the Middle East, Africa, the Americas, Latin America, and the Asia Pacific with a market cap of €5.54 billion.
Operations: SCOR SE's revenue is primarily derived from its Life & Health reinsurance segment, which generated €6.52 billion, and its Property & Casualty reinsurance segment, which contributed €4.88 billion.
Story Continues
Dividend Yield: 6.1%
SCOR's dividend yield ranks in the top 25% of French market payers, with a payout ratio of 39.9%, ensuring coverage by earnings. Despite past volatility, dividends have grown over ten years and remain well-covered by cash flows (30.2%). Recent announcements include a dividend increase to €1.90 per share for 2025, reflecting ongoing commitment to shareholder returns amid fluctuating earnings growth and strategic financial adjustments like debt redemption plans.
Click here to discover the nuances of SCOR with our detailed analytical dividend report. Our expertly prepared valuation report SCOR implies its share price may be lower than expected.ENXTPA:SCR Dividend History as at May 2026
Vicat
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Vicat S.A. and its subsidiaries are involved in the production and sale of cement, ready-mixed concrete, and aggregates for the construction industry, with a market cap of approximately €2.81 billion.
Operations: Vicat S.A.'s revenue is primarily derived from its Cement segment, which accounts for €2.39 billion, followed by the Concrete & Aggregates segment at €1.48 billion.
Dividend Yield: 3.2%
Vicat offers a stable dividend of €2.00 per share, with a payout ratio of 32.4% and cash payout ratio of 28.4%, indicating solid coverage by earnings and cash flows. Despite its yield being lower than the top French dividend payers, Vicat's dividends have grown consistently over the past decade without volatility. Recent affirmations at the AGM support ongoing payments, while strategic projects like VAIA could bolster future financial stability and shareholder value amidst modest earnings growth.
Dive into the specifics of Vicat here with our thorough dividend report. According our valuation report, there's an indication that Vicat's share price might be on the cheaper side.ENXTPA:VCT Dividend History as at May 2026
Where To Now?
Click here to access our complete index of 197 Top European Dividend Stocks. Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.
Searching for a Fresh Perspective?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include BIT:BMED ENXTPA:SCR and ENXTPA:VCT.
This article was originally published by Simply Wall St.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
View Comments
- Top 3 Global Dividend Stocks To Consider
May 11, 2026
As global markets experience a mixed bag of outcomes, with U.S. equity markets rallying on strong corporate earnings and European indices facing geopolitical pressures, investors are increasingly eyeing dividend stocks as a potential source of steady income amidst the volatility. In this environment, selecting solid dividend stocks can provide not only regular income but also stability in portfolios, especially when backed by resilient sectors or companies demonstrating consistent performance despite broader market fluctuations.
Top 10 Dividend Stocks Globally
Name Dividend Yield Dividend Rating Telekom Austria (WBAG:TKA) 4.26% ★★★★★★ Swiss Re (SWX:SREN) 5.03% ★★★★★★ SIGMAXYZ Holdings (TSE:6088) 4.55% ★★★★★★ HUAYU Automotive Systems (SHSE:600741) 5.52% ★★★★★★ Guangxi LiuYao Group (SHSE:603368) 4.41% ★★★★★★ Changjiang Publishing & MediaLtd (SHSE:600757) 4.75% ★★★★★★ Business Brain Showa-Ota (TSE:9658) 4.78% ★★★★★★ Binggrae (KOSE:A005180) 4.58% ★★★★★★ Banque Cantonale Vaudoise (SWX:BCVN) 3.93% ★★★★★★ Allianz (XTRA:ALV) 4.63% ★★★★★★
Click here to see the full list of 1268 stocks from our Top Global Dividend Stocks screener.
Let's take a closer look at a couple of our picks from the screened companies.
Anhui HeliLtd
Simply Wall St Dividend Rating: ★★★★★☆
Overview: Anhui Heli Co., Ltd. manufactures and sells industrial vehicles both in the People’s Republic of China and internationally, with a market cap of CN¥17.16 billion.
Operations: Anhui Heli Co., Ltd.'s revenue primarily comes from the manufacture and sale of industrial vehicles within China and international markets.
Dividend Yield: 3%
Anhui Heli Ltd. offers a compelling dividend profile, trading at 23.3% below its estimated fair value with a top-tier dividend yield of 3.11%. Despite past volatility in dividends, recent growth and coverage by earnings (44.1% payout ratio) and cash flows (54% cash payout ratio) suggest sustainability. Earnings are projected to grow annually by 14.88%, supporting future dividend stability despite the slight dip in Q1 net income to CNY 325.59 million from CNY 334.49 million last year.
Delve into the full analysis dividend report here for a deeper understanding of Anhui HeliLtd. Our expertly prepared valuation report Anhui HeliLtd implies its share price may be lower than expected.SHSE:600761 Dividend History as at May 2026
Cresco
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Cresco Ltd., along with its subsidiaries, provides IT services and digital solutions in Japan, with a market cap of ¥56.56 billion.
Operations: Cresco Ltd.'s revenue is derived from its operations in providing information technology services and digital solutions within Japan.
Story Continues
Dividend Yield: 3.5%
Cresco Ltd. trades at 33.1% below its estimated fair value, offering a dividend yield of 3.49%, which is slightly lower than the top quartile in Japan's market. The company's dividends are well-covered by earnings (42% payout ratio) and cash flows (53.1% cash payout ratio), but they have been volatile over the past decade despite recent growth. A new share repurchase program aims to enhance shareholder returns and improve capital efficiency, potentially stabilizing future payouts.
Dive into the specifics of Cresco here with our thorough dividend report. According our valuation report, there's an indication that Cresco's share price might be on the cheaper side.TSE:4674 Dividend History as at May 2026
Nippon Ceramic
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Nippon Ceramic Co., Ltd. develops, manufactures, and sells ceramic sensors and modules both in Japan and internationally, with a market cap of ¥81.35 billion.
Operations: Nippon Ceramic Co., Ltd.'s revenue segments include the development, manufacturing, and sale of ceramic sensors and modules.
Dividend Yield: 3.9%
Nippon Ceramic Co., Ltd. offers a dividend yield of 3.95%, ranking in the top 25% of Japan's market, but its high cash payout ratio (126.1%) indicates dividends are not well covered by cash flows, raising sustainability concerns. Although earnings grew significantly last year, they are forecasted to decline by 8.2% annually over the next three years. A recent share repurchase program aims to improve capital efficiency and enhance shareholder returns amidst historically volatile dividend payments.
Unlock comprehensive insights into our analysis of Nippon Ceramic stock in this dividend report. Insights from our recent valuation report point to the potential undervaluation of Nippon Ceramic shares in the market.TSE:6929 Dividend History as at May 2026
Next Steps
Get an in-depth perspective on all 1268 Top Global Dividend Stocks by using our screener here. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world.
Curious About Other Options?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include SHSE:600761 TSE:4674 and TSE:6929.
This article was originally published by Simply Wall St.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
View Comments
- Autoliv to cut 2,200 jobs as it exits Türkiye manufacturing
May 11, 2026
Swedish automotive safety systems maker Autoliv will cut approximately 2,200 jobs in Türkiye as it moves to wind down all manufacturing operations in the country.
The company said the closure is expected by the first half of 2028.
The reductions will affect employees at Autoliv’s facilities in Türkiye, where it makes steering wheels, airbags and seatbelts.
Production from those sites will be moved to existing Autoliv facilities in Europe, the Middle East, and Africa (EMEA) region.
Autoliv said the move follows a regional capacity review, which found that manufacturing capacity in EMEA is above projected future demand.
According to the company, the closure is part of a wider strategy to align its production footprint with long-term market requirements during structural changes in the global automotive industry.
To support the exit, Autoliv expects a total pre-tax charge of approximately $142m.
The company said most of this will be recorded in the second quarter of 2026.
Around $129m in cash charges will be used mainly for severance and employee retention costs, while immaterial amounts have been allocated for environmental expenses, equipment decommissioning and contractual releases.
An additional non-cash charge of $13m relates to fixed asset and inventory write-offs.
Autoliv said severance and retention costs were calculated using a weighted-average projected foreign exchange rate of 53 Turkish Lira per dollar.
Following the manufacturing exit, the company said it will keep customer-facing operations in Türkiye and remains committed to meeting delivery and quality standards during the transition.
Last December, South Korea’s Kolon Industries unveiled its plans to invest invest Won70bn ($48m) in a new plant in Vietnam to produce airbag materials for Autoliv.
That announcement came after an agreement between the companies under which Kolon agreed to increase supplies of airbag materials.
Kolon said the new facility will be built in Ho Chi Minh City, with operations due to start in 2028.
"Autoliv to cut 2,200 jobs as it exits Türkiye manufacturing" was originally created and published by Just Auto, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
View Comments
- 3 European Dividend Stocks To Consider With At Least 3.6% Yield
May 11, 2026
The European market has experienced a volatile week, with the pan-European STOXX Europe 600 Index showing modest gains amid easing geopolitical tensions and strong corporate earnings, although concerns linger due to potential U.S. tariffs on EU goods. In this environment of cautious optimism and fluctuating conditions, dividend stocks can offer a measure of stability through regular income streams, making them an attractive option for investors seeking reliable returns in uncertain times.
Top 10 Dividend Stocks In Europe
Name Dividend Yield Dividend Rating Zurich Insurance Group (SWX:ZURN) 4.46% ★★★★★★ Zinzino (OM:ZZ B) 4.76% ★★★★★★ Teleperformance (ENXTPA:TEP) 7.09% ★★★★★★ Telekom Austria (WBAG:TKA) 4.26% ★★★★★★ Swiss Re (SWX:SREN) 5.03% ★★★★★★ Rubis (ENXTPA:RUI) 5.90% ★★★★★★ DKSH Holding (SWX:DKSH) 4.16% ★★★★★★ Banque Cantonale Vaudoise (SWX:BCVN) 3.93% ★★★★★★ Allianz (XTRA:ALV) 4.63% ★★★★★★ A2A (BIT:A2A) 4.48% ★★★★★★
Click here to see the full list of 200 stocks from our Top European Dividend Stocks screener.
Here we highlight a subset of our preferred stocks from the screener.
UniCredit
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: UniCredit S.p.A. is a financial institution offering commercial banking services across Italy, Germany, Central Europe, and Eastern Europe with a market capitalization of €105.63 billion.
Operations: UniCredit S.p.A.'s revenue is primarily derived from its operations in Italy (€10.54 billion), Germany (€5.19 billion), Central and Eastern Europe excluding Austria (€4.66 billion), Austria (€2.57 billion), and Russia (€1.14 billion).
Dividend Yield: 4.5%
UniCredit's dividend payments have increased over the past decade, although they have been volatile and unreliable. With a payout ratio of 43%, dividends are currently well-covered by earnings and forecasted to remain sustainable at 51.5% in three years. Despite a high level of bad loans at 2.4%, UniCredit trades at good value, with recent earnings growth reported for Q1 2026 showing net income rising to €3.22 billion from €2.77 billion the previous year.
Dive into the specifics of UniCredit here with our thorough dividend report. Insights from our recent valuation report point to the potential undervaluation of UniCredit shares in the market.BIT:UCG Dividend History as at May 2026
Banco Bilbao Vizcaya Argentaria
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Banco Bilbao Vizcaya Argentaria, S.A. operates as a global financial services provider with operations in regions including Spain, Mexico, Turkey, South America, Europe, the United States, and Asia; it has a market cap of approximately €105.94 billion.
Story Continues
Operations: Banco Bilbao Vizcaya Argentaria generates its revenue primarily from Mexico (€11.83 billion), Spain including Non Core Real Estate (€9.14 billion), South America (€5.20 billion), and Turkey (€4.92 billion).
Dividend Yield: 4.9%
Banco Bilbao Vizcaya Argentaria's dividend payments have been volatile, yet they are covered by earnings with a 50.5% payout ratio and forecasted to remain sustainable. Despite trading at 41.9% below its estimated fair value, BBVA's dividend yield of 4.86% is slightly below the top tier in Spain. Recent Q1 results show net income rising to €2.99 billion from €2.70 billion, although the bank has a high level of bad loans at 2.8%.
Click here to discover the nuances of Banco Bilbao Vizcaya Argentaria with our detailed analytical dividend report. The analysis detailed in our Banco Bilbao Vizcaya Argentaria valuation report hints at an deflated share price compared to its estimated value.BME:BBVA Dividend History as at May 2026
Bahnhof
Simply Wall St Dividend Rating: ★★★★☆☆
Overview: Bahnhof AB (publ) offers internet services to both individuals and businesses in Sweden and internationally, with a market cap of SEK5.85 billion.
Operations: Bahnhof AB (publ) generates revenue from providing internet services to individual and business customers both domestically in Sweden and internationally.
Dividend Yield: 3.7%
Bahnhof AB's dividend payments, although reliable and growing over the past decade, face sustainability challenges due to a high payout ratio of 117.5%, indicating they are not well covered by earnings. The cash payout ratio stands at 86.7%, suggesting dividends are currently supported by cash flows but may not be sustainable long-term. With a yield of 3.68%, Bahnhof's dividends lag behind the top 25% in Sweden, despite stable per-share payouts historically.
Unlock comprehensive insights into our analysis of Bahnhof stock in this dividend report. The valuation report we've compiled suggests that Bahnhof's current price could be inflated.OM:BAHN B Dividend History as at May 2026
Seize The Opportunity
Take a closer look at our Top European Dividend Stocks list of 200 companies by clicking here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.
Searching for a Fresh Perspective?
Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include BIT:UCG BME:BBVA and OM:BAHN B.
This article was originally published by Simply Wall St.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
View Comments
- Autoliv’s Türkiye Restructuring Prompts Fresh Look At Valuation And Long Term Growth Prospects
May 10, 2026
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St.
Autoliv (ALV) has put a large restructuring decision on the table, planning a gradual shutdown of its manufacturing operations in Türkiye and shifting production across other EMEA facilities.
See our latest analysis for Autoliv.
The restructuring news comes after a sharp 16.21% 1 month share price return and a 4.38% 7 day share price gain, while the 1 year total shareholder return of 30.83% indicates momentum that has been broadly supportive over a longer period.
If this capacity shift has you reconsidering where growth in auto and manufacturing supply chains might originate next, it could be worth scanning 32 robotics and automation stocks
With Autoliv trading at $121.01, carrying an intrinsic value estimate that is 30.18% higher and sitting about 9.23% below analyst targets, investors may question whether there is still a buying opportunity here or whether potential future growth is already reflected in the price.
Most Popular Narrative: 8.4% Undervalued
With Autoliv closing at $121.01 against a narrative fair value of $132.18, the current price sits below the scenario analysts have mapped out using an 8.53% discount rate.
Heightened global focus on vehicle safety and increasingly strict automotive safety regulations are driving higher safety content per vehicle, which is expected to support sustained top-line growth and incremental margin improvement as Autoliv leverages its leadership in advanced airbags and seatbelts.
Read the complete narrative.
Want to see what underpins that fair value gap? The narrative leans on steady revenue expansion, firmer margins, and a future earnings multiple that assumes disciplined execution but not perfection.
Result: Fair Value of $132.18 (UNDERVALUED)
Have a read of the narrative in full and understand what's behind the forecasts.
However, you should also keep an eye on risks like weaker global light vehicle production and rising tariffs, which could squeeze Autoliv's assumptions for growth and margins.
Find out about the key risks to this Autoliv narrative.
Next Steps
Given the mix of optimism and concern in this story, it makes sense to review the details yourself and decide promptly where you stand, starting with 4 key rewards and 3 important warning signs.
Looking for more investment ideas?
If Autoliv has you thinking about what else could belong on your radar, do not stop here, the next opportunity you care about might already be on a shortlist.
Spot potential bargains early by scanning a focused list of 51 high quality undervalued stocks that combine quality indicators with prices below estimated fair value. Strengthen your income stream by reviewing 12 dividend fortresses that pair higher yields with an emphasis on durability. Sleep a little easier by assessing 71 resilient stocks with low risk scores that score well on financial resilience and volatility controls.
Story Continues
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include ALV.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
View Comments
- Alvopetro Energy Ltd. (ALV:CA) Q1 2026 Earnings Call Transcript
May 8, 2026 · seekingalpha.com
Alvopetro Energy Ltd. (ALV:CA) Q1 2026 Earnings Call Transcript
- Autoliv to Discontinue Manufacturing Operations in Türkiye
May 8, 2026
STOCKHOLM, May 8, 2026 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, continues its strategy to align production capacity with future EMEA market requirements. As part of this strategy, Autoliv will gradually discontinue its manufacturing operations in Türkiye.
The automotive industry is experiencing structural shifts and unprecedented transformation on a global scale. While Autoliv continues to perform strongly worldwide, evolving market dynamics require ongoing evaluation and optimization of our manufacturing footprint to ensure long-term competitiveness and operational sustainability. Following a comprehensive and careful assessment of its regional operations, Autoliv has decided to implement capacity alignments within the EMEA region.
Management has determined that manufacturing capacity in the EMEA region exceeds future demand. As part of its capacity alignment, Autoliv will gradually discontinue its manufacturing operations in Türkiye, which includes production of steering wheels, airbags, and seatbelts. This is expected to affect approximately 2,200 employees. Production in Türkiye will be moved to Autoliv's other existing facilities in the EMEA region, with the complete closure of manufacturing operations in Türkiye anticipated in the first half of 2028.
Autoliv expects to incur a final pre-tax charge of approximately $142 million for this capacity alignment. The majority of this charge is expected to be recorded in the second quarter of 2026.
A non-cash charge of $13 million is anticipated from fixed asset and inventory write-offs. Cash charges of approximately $129 million are primarily for severance and employee retention costs and immaterial amounts for environmental related expenses, equipment decommissioning, and contractual releases. Severance and employee retention costs are calculated using a weighted-average, projected foreign exchange rate of 53 Turkish Lira per dollar.
"As market conditions shift, we are continuously optimizing Autoliv's manufacturing footprint in the EMEA region to better align our capacity with future demand and strengthen our long-term competitiveness. We recognize that this change is difficult for affected employees and we will approach the situation in a transparent and respectful manner," says Magnus Jarlegren, President Autoliv EMEA.
Autoliv will maintain a sharp focus on supporting its customers and will retain customer-facing operations in Türkiye. Autoliv remains dedicated to meeting its established standards for reliably delivering high-quality safety systems and conducting its activities in accordance with Autoliv's global standards for safety, integrity and operational excellence.
Story Continues
Inquiries:
Investors & Analysts:
Anders Trapp, Tel +46 709 578 171, Henrik Kaar, Tel +46 709 578 114
Media: media@autoliv.com
Gabriella Etemad, Tel +46 70 612 64 24, Emelie Ericson, Tel +46 70 957 81 35
This information is information that Autoliv, Inc. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication by Emelie Ericson at 08:55 CET on May 8, 2026.
About Autoliv
Autoliv, Inc. (NYSE: ALV) (NASDAQ Stockholm: ALIV.sdb) is the worldwide leader in automotive safety systems. Through our group companies, we develop, manufacture and market protective systems, such as airbags, seatbelts, and steering wheels for all major automotive manufacturers in the world, as well as mobility safety solutions, such as commercial vehicles and electrical safety solutions. At Autoliv, we challenge and re-define the standards of mobility safety to sustainably deliver leading solutions. In 2025, our products saved approximately 40,000 lives and reduced around 600,000 injuries.
We have operations in 25 countries, and we drive innovation, research, and development at our 13 technical centers. Our 64,000 employees are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. Sales in 2025 amounted to $10.8 billion. For more information go to www.autoliv.com.
Safe Harbor Statement
This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law.
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/autoliv/r/autoliv-to-discontinue-manufacturing-operations-in-turkiye,c4346300
The following files are available for download:
https://mb.cision.com/Main/751/4346300/4084108.pdf ALV_Press release_Autoliv to Discontinue Manufacturing Operations in TürkiyeCision
View original content:https://www.prnewswire.com/apac/news-releases/autoliv-to-discontinue-manufacturing-operations-in-turkiye-302766744.html
View Comments
- Autoliv to Discontinue Manufacturing Operations in Türkiye
May 8, 2026 · prnewswire.com
STOCKHOLM, May 8, 2026 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, continues its strategy to align production capacity with future EMEA market requirements. As part of this strategy, Autoliv will gradually discontinue its manufacturing operations in Türkiye.
