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 euros.
According to a Reuters poll of six analysts, the company's net current profit was expected to skid 22.6 percent to 91.77 million euros. They were also expecting a seven percent drop in sales to 3.09 billion euros.