UPDATE 1-Autoliv Q4 adjusted operating profit beats expectations

Sweden's Autoliv , the world's largest producer of airbags and seatbelts, reported a fourth-quarter operating profit above expectations on Friday and said it expected an adjusted operating margin of about 10.5% for the full year of 2024. Operating profit adjusted for litigation and other non-recurring costs was $334 million, up from $233 million in the same quarter a year ago. That beat analysts polled by LSEG's estimates of $321 million.