UPDATE 2-D'Ieteren 2002 skids, sees flat 2003

Newswire

(Rewrites, adds details, analysts comments) By Jennifer Laidlaw BRUSSELS, Feb 27 (Reuters) - Belgium's largest car seller D'Ieteren on Thursday reported a more than 10 percent skid in 2002 earnings and forecast flat results this year as a slowdown in demand for new cars puts the brakes on profits. Its shares rose, however, as analysts approved of the company's cautious outlook. D'Ieteren, which owns 59 percent of Europe's largest car rental firm Avis Europe , said the outlook was ...

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