Conti Tire building generic

Conti posts higher sales, earnings impacted by cost of raw materials

Hanover, Germany – Continental AG’s Rubber Group, which includes ContiTech AG and its Tire Division, has been impacted by higher costs of raw materials, despite a rise in sales in the first three quarters of the year.

The German corporation announced 9 Nov that, over the first nine months, sales within the rubber unit grew 9% to €13.0 billion compared to €11.9 billion in 2016.

The company is leaving its sales forecast for the…

To read more,please login or register below.

Register
This is the first step to more free
content, user offers, subscriptions
and more.
Login
Log in here using the Email Address
and Password you signed up with