Audi Says First Half Net Profit Up 67 Percent

First-half net profit at Volkswagen's premium unit Audi rose 67 percent to 679 million euros ($926.9 million) after a rise in revenue to record levels, the company said today.

CEO Rupert Stadler said the company had established a sound base for strong results in the second half of the year as well.


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nybimmer - 7/30/2007 3:36:11 PM

-2 Boost

Good for Audi...can we read the financial statement footnotes..I'd be curious to see what expenses are in 'other charges'.

MeanVulcan - 7/31/2007 12:19:02 PM

+1 Boost

Due mainly to increased profit per car multiplied times increase in US sales... as expected.