Avis in focus as D'Ieteren profits seen up 10 pct

Newswire

BRUSSELS, Feb 23 (Reuters) - Strong growth in its core car distribution business should drive up profits at Belgian auto firm D'Ieteren 9.8 percent, analysts forecast, but the spotlight will fall on the fate of car hire firm Avis Europe. D'Ieteren, Belgium's largest car distributor, owns nearly 60 percent of the struggling Avis Europe Plc and most of glass repair business Belron. When D'Ieteren reports 2004 annual results on Thursday morning, the market will watch for any comment on a ...

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