China Results Help TRW Automotive Top Sales Estimates

Newswire

* First-quarter revenue rises 5 pct to $4.4 bln vs est. $4.3 bln * Profit up 23 pct at $199 mln * Raises 2014 forecast to $17.4-$17.7 bln vs est $17.5 bln (Adds 2014 outlook, details about first-quarter results, background) April 29 (Reuters) - Auto parts supplier TRW Automotive Holdings Corp reported better-than-expected quarterly results, driven by a 16 percent rise in sales in China, and the company also raised its full-year revenue forecast. TRW said it now expects full-year revenue to ...

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