Germany: VW boosts Q3 operating profit 46%

Volkswagen has reported a strong financial performance in Q3 2011, with revenue rising 25.3% year-on-year and operating profit surging 45.7%, lifting the margin to 7.5%, versus 6.5% in Q3 2010. The Automotive Division alone saw Q3 2011 EBITDA accelerate 33.3% to €4,455m (US$6,246m) as vehicle sales in the latest quarter Subscribe to Automotive World to … Continued

• By Webmaster
• October 27, 2011