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MarketScreener Homepage  >  Equities  >  Nyse  >  Veoneer, Inc.    VNE

VEONEER, INC.

(VNE)
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VEONEER, INC. : Results of Operations and Financial Condition, Regulation FD Disclosure (form 8-K)

10/23/2020 | 06:49am EST

Item 2.02 Results of Operations and Financial Condition.

On October 23, 2020, Veoneer, Inc. (the "Company") issued a press release announcing its financial results for the third quarter of 2020. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference. This press release contains certain references to financial measures identified as "organic sales," "changes in organic sales growth," "net working capital," "EBITDA," "Segment EBITDA," and "cash flow before financing activities," all of which are adjustments from comparable measures calculated and presented in accordance with U.S. generally accepted accounting principles (GAAP). These financial measures, as used herein, differ from financial measures reported under GAAP, and management believes that these financial presentations provide useful supplemental information, which is important to a proper understanding by investors of the Company's core business results. These presentations should not be viewed as substitutes, but rather as additions, to financial reporting measures prepared in accordance with GAAP. Additionally, these measures, as defined, may not be comparable to similarly titled measures used by other companies. For an explanation of the reasons why management uses these figures, see the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2019, filed with the SEC on February 21, 2020.

Item 7.01 Regulation FD Disclosure.

On October 23, 2020, the Company issued a press release announcing its financial results for the third quarter of 2020. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.


The information in Items 2.02 and 7.01 of this Form 8-K and the exhibit attached
hereto as Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of
the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or
otherwise subject to the liabilities of that section, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of 1933, as
amended, or the Exchange Act, except as shall be expressly set forth by specific
reference in such a filing.
Item 9.01  Financial Statements and Exhibits.
(d) EXHIBITS
  99.1                   Press Release of Veoneer, Inc. dated October 23, 2020.
104                    Cover Page Interactive Data File (embedded within the Inline XBRL
                       document).



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