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Post Tagged with: "margin"

Continental Continues Along Successful Path and Secures Adjusted EBIT Margin Above 11% as Announced

  .   Automotive supplier publishes preliminary key figures for 2014 fiscal year ·    Sales grow to around €34.5 billion despite negative exchange rate effects ·    Outlook for 2015: aim to increase sales by approximately 5% In the 2014 fiscal year, the Continental Corporation secured a margin exceeding 11% for its adjusted EBIT, despite the pronounced weakness of Europe’s replacement tire[Read More…]

by — January 12, 2015 — International, Web Exclusive

Continental increases forecast for adjusted EBIT margin to around 11% after good first half-year

Net income rises by 14.2% to €1.3 billion or €6.52 per share Sales grow 2.1% to €16.9 billion after six months EBIT at €1.8 billion Significant reduction of interest burden thanks to improved financing conditions The Continental Corporation is again increasing its earnings forecast for fiscal 2014 after a good first half-year. “We now intend to achieve an adjusted EBIT[Read More…]

by — August 3, 2014 — International, Newscast, Web Exclusive