UPDATE 1-D'Ieteren 2007 pre-tax profit above expectations

Newswire

(Adds details, background) BRUSSELS, Feb 29 (Reuters) - Belgium's largest car distributor D'Ieteren reported a 30.1 percent rise in 2007 pre-tax profit on Wednesday, with strong sales in its auto division, and said it saw a stable year ahead. D'Ieteren, which has majority stakes in Europe's biggest car rental company Avis and vehicle glass repair business Belron, posted pretax profit of 194.3 million euros ($293.5 million). D'Ieteren in January raised its guidance for 2007 pre-tax ...

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