STOCKHOLM, April 26 (Reuters) - Sweden's Autoliv ( ALV )

reported a first-quarter adjusted operating profit above

expectations on Friday and said it had outperformed global light

vehicle production by six basis points.

Operating profit adjusted for non-recurring costs grew to

$199 million from $131 million a year before. Analysts polled by

LSEG had on average forecast a profit of $185 million.

The car safety equipment maker's shares listed in

Stockholm were however down nearly 2% at 1007 GMT, after being

roughly flat ahead of the report.