VW expects Q2 results to beat Q1 -CFO

Newswire

BERLIN, April 29 (Reuters) - Germany's Volkswagen expects its second-quarter earnings to beat the results of the first three months, finance chief Hans Dieter Poetsch said. Costs related to an engineering overhaul were "still on the high side" but VW had a good chance to match last year's record operating profit of 11.5 billion euros if the economic development does not deteriorate further, the CFO said on Monday on a conference call. A number of things needed ...

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