Autoliv's China business most profitable
Updated: 2011-11-24 15:56
(chinadaily.com.cn)
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Autoliv Inc (ALIV)'s factories in China are the company's most profitable, with an operating margin "well above" a global average of about 11 percent, Dagens Industri said, citing Jan Carlson, chief executive officer of the auto-parts maker.
The Chinese operations are the most efficient due to near- full capacity utilization as well as low costs, Carlson said.
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