Cyrrus (Cyrrus)
World markets  |  October 31, 2012 11:44:00

Continental 3Q results to the expectations of the market


3Q 2012 reached Continental in sales to EUR 8.13 billion, exactly fulfilled the expectations of the market. Even at the level of EBIT company managed to reach 838.5 million on expectations. The biggest problems companies currently brings faltering European automotive market, it helps other hand, demand from North America and Asia. The company confirmed its full-year financial targets with the fact that from 4Q expects similar sales as in the 3Q. The results we consider decent, however due to yesterday's more than 3% increases in anticipation of stronger numbers, a slight correction on stock prices.

George Šimara
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Výsledky Continentalu ve 3Q naplnily očekávání trhu

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