GKN profit seen in line, outlook in focus

Newswire

By Daniel Morrissey LONDON, Feb 25 (Reuters) - Difficult automotive and civil aerospace markets are expected to weigh on British engineering firm GKN Plc's 2002 earnings when it reports on Monday, but the company is expected to be within the market range for underlying profits. GKN, which counts about 70 percent of its revenues from the sale of parts to car makers, said in November it expected the North American automotive market would weaken in 2003 and European motor vehicle production ...

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