UPDATE 2-Autoliv Q1 profit falls, cuts 2007 margin outlook

Newswire

(Adds detail, background, updates share price) By Anna Ringstrom and Victoria Klesty STOCKHOLM, April 26 (Reuters) - Autoliv , the world's biggest maker of air bags and seat belts, posted first-quarter earnings near market consensus on Thursday but cut its 2007 margin forecast, sending shares lower. Pretax earnings fell 15 percent to $113 million year-on-year, below the mean forecast of $118 million seen in a Reuters poll of analysts. Autoliv, which has faced headwinds from the ...

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