VW’s Operating Profit Up 22% In Q114

News: German automaker Volkswagen (VW) registered a rise of 22% year-on-year in its operating profit in Q114. The earnings from its Porsche and Audi brands boosted its performance over the reported period. VW's earnings before interest and taxes rose to EUR2.86bn (USD3.97bn) in Q114, compared with EUR2.34bn (USD3.24bn) in the same period a year ago, according to a company statement. The company's revenue increased around 3% to EUR47.8bn (USD66.17bn) in the reported period.

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Related sectors of this article: Autos, Companies - Autos
Geography: Germany

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