D'Ieteren's first half seen down, outlook negative

Newswire

By Jennifer Laidlaw BRUSSELS, Aug 30 (Reuters) - Analysts are not expecting Belgium's largest car distributor D'Ieteren to have revved up profits when it reports first-half results next week, as slower car sales hinder forward progress. The exclusive distributor of the Volkswagen, Audi, Rolls Royce and Porsche brands in Belgium, will likely post a 26 percent drop in first half profits, analysts said. Investors are also gearing up for guidance on current trading, after subsidiary rental ...

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