Reuters
Belgian car distributor and vehicle glass repairer D'Ieteren Group on Wednesday said it expected further profit improvement in 2023, helped by growth in its businesses and the acquisition of Parts Holding Europe (PHE). The company expects a full-year adjusted profit before tax, group share of around 900 million euros ($950 million), against the 733.4 million reported in 2022, and 486 million in 2021. "Even if we had some capacity issues... we've been able to generate significant volume growth," the group's finance chief Arnaud Laviolette told analysts in a call.