VW Q1 oper profit before items lags expectations


FRANKFURT, April 28 (Reuters) - Volkswagen , the world's fourth-largest carmaker, grew operating profit by a forecast-lagging 55 percent in the first quarter to 726 million euros ($902 million), the company said on Friday. According to the average estimate from a Reuters poll of 14 banks and brokerages, the market had expected operating profit would double to 920 million euros before special items from a restated 468 million a year earlier, thanks mainly to a significant improvement in ...

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