Autoliv profit tops forecasts By Reuters

STOCKHOLM (Reuters) – Sweden’s Autoliv (NYSE:), the world’s largest producer of airbags and seat belts, reported higher than expected fourth-quarter earnings on Friday and said it expected around 20% organic sales growth in 2022.

Autoliv reported an operating profit of $174 million, down from $307 million in the year-ago quarter, and beating a mean forecast for $170 million based on a poll of analysts published by the company.

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