October 26, 2017 / 10:14 AM / in a year

RPT-Autoliv Q3 profit lags forecast, sees flat like-for-like sales

(Repeats with no changes to text)

STOCKHOLM, Oct 26 (Reuters) - Swedish auto safety gear maker Autoliv reported quarterly operating earnings below market forecasts on Thursday and said it expected like-for-like sales to be virtually flat in the final quarter of the year.

Stockholm-based Autoliv, the world’s largest maker of airbags and seatbelts, said its third-quarter operating profit fell to $159 million from $191 million in the year-ago quarter, lagging a mean forecast for $192 million in a Reuters poll.

The company said one-off costs in the quarter totalled $37.6 million compared with $7.7 million seen by analysts. (Reporting by Johannes Hellstrom and Niklas Pollard, editing by Anna Ringstrom)

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