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RPT-Autoliv Q1 profit beats forecast
April 25, 2014 / 10:12 AM / 4 years ago

RPT-Autoliv Q1 profit beats forecast

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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)

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