GKN says sees challenging 2003


LONDON, Nov 25 (Reuters) - British automotive and aerospace engineering firm GKN Plc said on Monday it expected 2003 to be a challenging year, with the outlook for its major markets continuing to be uncertain. The firm, which gets around 70 percent of its turnover from selling parts to car makers, said in a statement it had based its forecasts for 2003 on assumptions of a weakening U.S. automotive market and subdued European markets. It added that its expected military aerospace market ...

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