UPDATE 1-Audi cautions on pricing pressures from euro crisis


* H1 operating margin slips to 11.5 pct from 11.8 pct * Currency moves flatter H1 earnings, could also boost H2 profit * Audi expects West Europe to be only shrinking market in 2012 (Adds comment from CFO) By Christiaan Hetzner and Andreas Cremer MUNICH, July 31 (Reuters) - German luxury car maker Audi's 11.5 percent profit margin may slide if deteriorating economic conditions in austerity-strapped southern Europe keep ...

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