Autoliv Q1 as forecast, sees Q2 sales up 40 pct

Newswire

STOCKHOLM, April 27 (Reuters) - World number one airbag and seatbelt maker Autoliv reported earnings on Tuesday that were in line with forecasts, but expected a large gain in sales for the second quarter and full year. Pretax earnings were $179 million in the first quarter, versus a loss of $104 million a year ago, and exactly matched the mean forecast seen in a Reuters poll. "For the second quarter of 2010, the company expects consolidated net sales to rise by more than 40 percent ...

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