UPDATE 3-Volkswagen keeps targets after profit falls


(Adds CFO comments from conference call, analyst comment) By Christiaan Hetzner FRANKFURT, Oct 28 (Reuters) - Volkswagen AG stuck to its 2004 earnings guidance on Thursday after posting a lower than expected decline in third-quarter operating profit, helped by cost savings and an improved cash flow at its auto business. Europe's largest carmaker said pricing pressure and currency effects contributed to a 23 percent fall in quarterly operating profit to 487 million euros ($620 million) ...

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