Volkswagen Q2 pre-tax profit up 13.5 pct

Newswire

FRANKFURT, July 30 (Reuters) - German carmaker Volkswagen AG said on Tuesday its second quarter pre-tax profit rose 13.5 percent to 1.266 billion euros, beating analysts' expectations. It also said net profit in the second quarter rose 24.4 percent to 776 million euros. Analysts polled by Reuters had expected a net profit of around 645 million euros and pre-tax profit of just 1.028 billion euros. The firm earlier released a watered-down full-year profit outlook. It said it expected a ...

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