RPT-UPDATE 1-VW sees weak Q1, better second half


(Refiles to add dropped word in first paragraph) By Nick Tattersall HAMBURG, April 24 (Reuters) - Volkswagen AG said on Thursday its first quarter profit will be significantly lower than a year ago due to unfavourable exhange rates, new model costs and equity writedowns, but it forecast a stronger second half. "The negative effects on the result for the first quarter of 2003 are particularly high compared with the previous year," Bernd Pischetsrieder, chief executive of Europe's ...

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