D'Ieteren's 2002 falls 10 pct, better than expected

Newswire

BRUSSELS, Feb 27 (Reuters) - Belgium's largest car seller D'Ieteren said on Thursday its 2002 net current profit fell more than 10 percent as a slowdown in demand for cars hurt its earnings, and forecast flat earnings for the current year. The company, which is the exclusive distributor of Volkswagen, Audi, Rolls-Royce and Porsche cars in Belgium, said in a statement that its net current profit was 105.9 million euros, down 10.7 percent. Its sales were down eight percent to 3.1 billion ...

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