UPDATE 1-Buderus 2002 pre-tax falls 13 pct, no pick-up seen

Newswire

(Adds shares, background) FRANKFURT, Jan 28 (Reuters) - German heating and appliance maker Buderus said on Tuesday its pre-tax profit fell close to 13 percent last year due partly to weak demand in its home market and said it saw no signs of a pick-up so far this year. Buderus, long eyed as a potential takeover target by German car parts maker Robert Bosch, posted pre-tax profit of 162 million euros ($175 million), down from 186 million a year earlier. Sales fell four percent to 1.86 ...

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