Audi cautions H2 oper profit margin could narrow

Newswire

MUNICH, July 31 (Reuters) - Volkswagen's premium brand Audi could see its second-half margin narrow from the 11.5 percent achieved in the first half, finance chief Axel Strotbek told reporters in Munich on Tuesday. He also said that the company's earnings received a boost of between 300-400 million euros ($367-$490 million) in the first half and that depending on the development of currencies another 100-200 million euros could come on top in the second half. ...

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