SWEDEN: Autoliv upbeat thanks to surge in Asia and US
Sweden's Autoliv has increased its outlook for first-quarter sales and profit thanks to stronger performances in Asia and North America. The world's leading airbag and seatbelt manufacturer said it expects net sales in the first quarter to rise about 85% from the same period last year, instead of a previous forecast of 70%, and operating margin to climb to "at least" 11% rather than the 8.5% predicted earlier.
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