UPDATE 1-Beru sees sales, profit growth this year

Newswire

(Adds details, background) FRANKFURT, June 30 (Reuters) - German automotive supplier Beru expects to increase sales and earnings by a high single-digit percentage this financial year as demand for cars grows moderately, it said in a statement on Thursday. Beru, which is majority-owned by U.S. auto parts supplier BorgWarner , said its profits fell last financial year to March 31 due to one-offs but its sales grew by 9 percent. Earnings before interest and tax (EBIT) for 2004/05 fell to ...

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