Bloomberg News

AAA Auto Gains for Second Day as First-Quarter Profit Quadruples

May 21, 2012

AAA Auto Group NV (AAA) gained for a second day after the Czech chain of used-car dealerships said its first-quarter profit quadrupled from a year earlier.

The stock climbed 1.9 percent to 19 koruna by 1:17 p.m. in Prague, outperforming the 14-member PX (PX) equity index, which rose 0.5 percent today. AAA Auto earlier rose as much as 2.5 percent, touching its highest intraday level in three weeks.

To contact the reporter on this story: Krystof Chamonikolas in Prague at kchamonikola@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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