Sales up 7% in 2012 as Continental announces preliminary figures

ERJ staff report (LMH)

Hanover, Germany – Sales at automotive supplier Continental have risen by 7 percent in 2012 to €32.7 billion, the company said as it disclosed its initial preliminary figures 14 Jan.

The adjusted earnings (EBIT) margin was 10.7 percent compared to 10.1 percent in 2011.

“Although indicators on the auto markets and more guarded at present than they were a year ago, we are aiming for sales growth of around 5 percent to more than €34 billion in 2013,” commented Dr…

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