TRW posts stronger-than-expected quarterly profit

Newswire

DETROIT, Feb 14 (Reuters) - Auto parts supplier TRW Automotive Holdings Corp on Friday posted a higher-than-expected quarterly profit and forecast strong sales for the year, helped by growth in North America and China. The company, which makes braking systems, seat belts and airbags, said net income in the fourth quarter fell to $363 million, or $3.00 a share, from $419 million, or $3.26 a share, a year earlier. Excluding one-time items, TRW earned $1.84 a ...

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