UPDATE 1-GKN profit growth driven by premium auto demand

Newswire

* FY pretax profit 417 mln stg vs 363 mln stg * Revenues 6.11 bln stg vs 5.43 bln stg * Total divi 6 pence vs 5 pence (Adds details) LONDON, FEB 28 (Reuters) - Car and plane parts maker GKN posted a forecast beating 15 percent rise in full-year profit, helped by increased sales of high-end cars and the resilience of the civil aerospace market. GKN, which produces auto components as well as airframes for planemakers Airbus and Boeing, on Tuesday reported a 2011 pretax profit of 417 million ...

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