Summary
TRW Automotive Holdings, which operates from a number of former Lucas sites in the West Midlands, yesterday delivered better than expected first quarter profits and raised its full-year outlook, helped by improved sales of automotive safety products, an acquisition and higher car production.
Michigan-based TRW said its outlook depended on coping with rising commodity prices and lower light-vehicle production that it expects to hurt industry results in the second half of 2006. Net income fell to pounds 25.5 million in the first quarter from pounds 27.2 million a year earlier.See the full content of this document
Extract
Trw Raises Its Full-Year Outlook
The figure takes into account the paying...
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