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Autoliv sees flat consolidated sale for Q4

The company said: "For the fourth quarter, we expect an organic sales growth in the range of 0-2% and flat consolidated sales with an operating margin of around 9%, excluding costs for capacity alignments and the antitrust investigations. The expected organic sales growth is lower than indicated in July primarily due to the accelerated deterioration in European LVP and the tension between Japan and China affecting the Japanese vehicle manufacturers in China. In response to the accelerating drop in European LVP, we expect our capacity alignment costs for the full year 2012 to reach the higher end of the $60-80M range we communicated in July."