UPDATE 1-Autoliv Q2 pretax tops consensus, shares rise

Newswire

(Adds details, share reaction) STOCKHOLM, July 26 (Reuters) - Autoliv , the world's biggest maker of air bags and seat belts, posted a better-than-expected second quarter pretax profit on Wednesday, sending its shares higher. Pretax profit was $132.4 million versus an expected $128 million in a Reuters poll and $133.4 million in the same period in 2005. Autoliv also forecast that its third-quarter operating margin would fall to around 7 percent from 8.8 percent in the second quarter ...

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