Strong demand for TRW Automotive in Q2

TRW Automotive (NYSE:TRW) beats estimates in Q2 on heightened demand for active and passive safety technology.

Operating margin fell 10 bps to 8.5% as TRW increased some costs related to future growth.

The company raises FY14 revenue guidance slightly to $17.5B-$17.7B from $17.4B-$17.7B.

TRW +0.6% premarket

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