UPDATE 2-Volkswagen beats expectations in Q2, shares soar

Newswire

(Adds analyst comments, details) By Christiaan Hetzner FRANKFURT, July 27 (Reuters) - Volkswagen AG , the world's fourth biggest carmaker, increased second-quarter operating profit before special items by nearly half, beating expectations and sending its shares sharply higher. Excluding 906 million euros in one-off restructuring charges, operating profit came in at 1.30 billion euros ($1.64 billion), VW said on Thursday, exceeding the median estimate of 1.03 billion from 20 analysts ...

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