Autoliv sees Q1 growth, Q4 profit beats forecasts

Newswire

STOCKHOLM, Jan 23 (Reuters) - Autoliv , the world's biggest producer of seat belts and airbags, reported a bigger than expected jump in fourth-quarter pre-tax profit and forecast double-digit sales and earnings growth in the first quarter. The company said in a statement its profit after financial items in the last quarter of 2002 was $77 million against market consensus of $73 million and $48.5 million the year before. Sales were $1.2 billion, beating expectations of $1.1 billion. ...

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