UPDATE 1-TRW Auto posts 4th-qtr profit vs loss

Newswire

(Adds sales and outlook details) CHICAGO, Feb 21 (Reuters) - TRW Automotive Holdings Corp. , which makes airbags and seat belts for cars, on Tuesday posted a quarterly profit versus a year-ago loss, when financing expenses pushed net results into the red. TRW reported net income of $59 million, or 57 cents per share, for the fourth quarter, compared with a net loss of $62 million, or 63 cents per share, a year earlier. Excluding a reduction in litigation costs, TRW earned 40 cents per ...

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