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Newswire

VW posts surprise Q1 profit gain amid record sales

BERLIN, April 26 (Reuters) - German car maker Volkswagen said operating profit rose to 3.2 billion euros ($4.22 billion) from 2.9 billion euros a year earlier amid record vehicle sales, beating analysts' expectations.

Analysts had predicted profit to drop almost nine percent to about 2.7 billion euros. ($1 = 0.7585 euros) (Reporting By Andreas Cremer)