TRW Automotive raised its profit outlook for the year based on a 31% increase in quarterly net income on the heels of higher volumes in China and Europe as well as restructuring moves.
TRW announced Q1 2008 revenues of $4,144 million up from $3,567 million a year ago. The company's net income was $94 million a $180 million increase from the companies $86 million loss in Q1 2007.