UPDATE 1-Autoliv cuts 2007 margin outlook, shares fall


(Adds details, share reaction) STOCKHOLM, April 26 (Reuters) - Autoliv , the world's biggest maker of air bags and seat belts, posted first-quarter earnings just below market consensus on Thursday and cut its operating margin forecast, sending its shares lower. Pretax earnings fell to $113 million from $133 million a year ago and were below the mean forecast of $118 million seen in a Reuters poll of 10 analysts. Shares were down 5.2 percent at 392 crowns by 1035 GMT, while the DJ Stoxx ...

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