Conti confirms 2013 guidance despite ‘difficult’ Q1

ERJ staff report (LMH)

Hanover, Germany – First-quarter sales at Continental Corp. fell by 3.4% from Q1 2012, totalling €8 billion, in a market the company described as “difficult”. Despite this, Continental CEO Elmar Degenhart confirmed the company’s full year guidance of a 5% rise in sales to €34 billion and an adjusted EBIT margin of…

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