D'Ieteren posts 15 pct rise in net current profits

Newswire

BRUSSELS, Feb 24 (Reuters) - Belgian auto firm D'Ieteren posted a 14.9 percent rise in net current profits to 96.4 million euros ($127.2 million) on Thursday, beating analysts forecasts. D'Ieteren said its consolidated 2004 revenues rose 10.1 percent to 3.34 billion euros and it proposed an unchanged dividend of 2.31 euros per share. The car distribution, rental and glass repair firm said it expected to sell more than 5 percent more new vehicles in 2005 than it did in the past year.

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