UPDATE 2-GKN profit rise driven by luxury auto demand

Newswire

* H1 pretax profit 266 mln stg vs forecast 259 mln * Group sales up 16 pct to 3.46 bln stg * Interim dividend up 20 pct to 2.4 pence * Profit at driveline autos unit up 29 pct, aero up 8 pct * Shares rise 1 pct By Rhys Jones LONDON, July 31 (Reuters) - British car and plane parts maker GKN Plc said first-half profit rose by a third, driven by strong growth at its automotive business on the back of ...

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