BRUSSELS Dec 21 Belgian car distributor and
windshield repair company D'Ieteren warned on Friday
that its profit this year would fall by more than previously
forecast, with a further decline in 2013.
The company, which sells car brands of the Volkswagen
group in Belgium, said the vehicle glass repair and
replacement markets were poor.
It now sees its current consolidate pre-tax profit down by
about 30 percent in 2012. It had previously forecast a 25
It said it expected the weak trend to continue into next
year, even if there were more normal weather conditions, adding
the group's pre-tax profit would probably fall by between 10 and
D'Ieteren's Belron vehicle glass business tends to profit
from inclement weather.
(Reporting By Philip Blenkinsop; editing by Barbara Lewis)