Wednesday, May 3, 2017

Volkswagen Group Q1 Pre-Tax Profit Surges; Reaffirms FY17 Revenue Growth

Emerging out of the diesel emission crisis, Volkswagen Group (VKW.L, VLKAF.PK, VOW.BE) Wednesday announced a surge in its first quarter pre-tax profit and also a rise in the revenue. The company said volume and mix related factors, positive exchange rates, as well as product cost optimization helped the results.

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