FRANKFURT, Nov 7 (Reuters) - German automotive group IWKA posted third-quarter operating profit of 11.8 million euros ($15.06 million) on Tuesday that beat analysts' expectations.
Nine analysts polled by Reuters on average forecast earnings before interest and taxes (EBIT) of 9.3 million euros, compared to a loss of 2.6 million euros in the year-earlier period.
Sales rose slightly to 364 million euros, missing the poll average forecast of 375.5 million euros.
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