Continental AG Expects 5% of Sales Increase in 2013

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.