Autoliv upbeat on Q1, full-year, shares rise

Newswire

STOCKHOLM, Jan 29 (Reuters) - World number one air bag and seat belt maker Autoliv gave an upbeat forecast for the coming year on Friday after posting fourth-quarter earnings above forecast. "For 2010, consolidated net sales are expected to grow by more than 70 percent for the first quarter and by 15-20 percent for the full year," the company said in a statement. "An operating margin of approximately 8.5 percent is expected for the first quarter and a full-year operating margin in line ...

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