RPT-Autoliv Q1 profit beats forecast

Fri Apr 25, 2014 6:12am EDT

(Repeats without changes to additional alerts)

STOCKHOLM, April 25 (Reuters) - Auto safety gear maker Autoliv posted a bigger-than-expected rise in first-quarter earnings on Friday and stood by its forecast for slightly lower sales growth and a flat operating margin this year.

Autoliv, the world's biggest maker of safety gear such as seat belts and airbags, said quarterly operating earnings rose to $192 million. The mean forecast in a Reuters poll of analysts was for flat year-on-year earnings of $182 million. (Reporting by Niklas Pollard and Helena Soderpalm; Editing by Alistair Scrutton)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.