For the first quarter ended 31 March 2014, Autoliv reported consolidated sales of US$2.3bn, up 7.5% from from $2.14bn in Q1 2013. Operating income rose 5.1% to $191.7m.
Adjusted operating margin for the quarter was 8.6%, exceeding guidance for a margin of ‘around 8%’
Jan Carlson, president and CEO, said: “I am pleased with our continued strong sales growth and the higher than expected operating margin.”
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