Autoliv sees FY14 sales growth of 7%, consensus $9.34B FY14 organic sales growth of more than 6%, operating margin 9%; Sees FY14 effective tax rate of approximately 29%. Operational cash flow is expected to remain strong and to be at least $700 million excluding any discrete items. Capital expenditures are expected to increase in support of our growth strategy and to be in the previously communicated range of 4.5% to 5.0% of sales.
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