UPDATE 1-D'Ieteren profit skids, sees flat 2003

Newswire

(Adds details throughout, shares) BRUSSELS, Feb 27 (Reuters) - Belgium's largest car distributor D'Ieteren reported a more than 10 percent drop in 2002 earnings on Thursday as demand for cars weakened, and forecast flat earnings for the current year. D'Ieteren, exclusive distributor of Volkswagen , Audi, Rolls-Royce and Porsche cars, said in a statement its net current profit was 105.9 million euros ($114.1 million), down 10.7 percent, but better than analysts' expectations. Sales were ...

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