Conti could exceed earnings forecast

Hanover, Germany – Continental Corp. has announced a 14.1-percent net income increase year-on-year to €1.8 billion while its earnings per share climbed to €8.99 after €7.88 in the same period of the previous year. In a press release on 4 Nov, the automotive supplier, tire manufacturer and industrial partner confirmed its forecast for the current fiscal year after a solid third quarter.

“We are keeping our sights set firmly on our target for the adjusted EBIT margin, which we raised to around 11 percent after 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