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Continental AG Expects 5% of Sales Increase in 2013

2013-01-17    
Continental AG planned to increase the sales by 5% in 2013 and the company achieved 7% year-on-year increase in 2012 in the face of European market downturn.

Continental AG planned to increase the sales by 5% in 2013 and the company achieved 7% year-on-year increase in 2012 in the face of European market downturn.


President of Continental AG Elmar Degenhart said, when releasing the preliminary data of 2012, the company expected over 10% of pre-tax operating profit margin in 2013, besides the sales target.


Sales amount of Continental AG in 2012 reached USD 42 billion, with 10.1% of adjusted EBITD. The detailed data will be released on March 7th, 2013.