Friday, October 27, 2017

Volkswagen Q3 Profit Dips, Volume Rises; Lifts FY Margin View; Stock Rises

Shares of Volkswagen AG were gaining around 2 percent in the morning trading after the German automaker on Friday lifted its margin forecast for fiscal 2017 after reporting higher sales and volume in its third quarter. Net profit, meanwhile, declined in the quarter, reflecting hefty charges.

from RTT - Earnings http://ift.tt/2iEOjlv
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