VW profit seen dented by Brazil charge, strong euro

Newswire

By Nick Tattersall FRANKFURT, Oct 29 (Reuters) - Volkswagen, Europe's biggest carmaker, is expected to announce later on Wednesday that profits more than halved in the third quarter, as a strong euro and a revamp at its ailing Brazilian unit took their toll. The company is expected to say its operating profit fell to around 560 million euros ($656 million) when it publishes results for the three months to the end of September, according to a Reuters poll of 28 analysts. Suffering along ...

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