UPDATE 3-Volkswagen Q1 profit boosted by emerging markets


* Q1 oper profit 2.9 bln euros vs Rtrs poll avg 2.19 bln * Automotive net cash 19.6 bln euros at end-March * Sees gain in 2011 sales, operating profits * Shares up 4.3 percent (Adds analyst comment, links, further details) FRANKFURT, April 27 (Reuters) - Volkswagen , Europe's largest carmaker, posted consensus-busting first-quarter results and affirmed its upbeat 2011 outlook thanks to demand from emerging markets and lower costs. "We continue to see the most dynamic growth ...

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