STOCKHOLM — Veoneer expects that it returned to organic sales growth in the fourth quarter of 2020 and sees growth accelerating in 2021, the firm mentioned in a assertion on Thursday.
The Swedish maker of eyesight units, radar and software package for sophisticated driver-assistance units also mentioned it approximated the latest price of its order e book for 2020 at approximately $14 billion.
The firm mentioned its new order intake for 2020 corresponded to an average once-a-year price of about $530 million, of which sixty five {7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} is from lively basic safety items.
Veoneer mentioned it approximated its share of lively basic safety orders for 2020 to be about 15 {7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0}, over its latest marketplace share by sales.
Veoneer will current its earnings report for the fourth quarter on Feb. 3.
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