Continental Has A Very Good Start to 2012
Sales of €8.3 billion / EBIT of €766 million / Automotive supplier lays foundation for comfortably achieving its goals for the year
"The successful start to the new year makes us confident that we will comfortably achieve the goals we set ourselves for this year. We are assuming that global production of light vehicles with a total weight of up to six tons will be able to reach 79 million vehicles worldwide," said Continental CEO Dr. Elmar Degenhart. In 2012, Continental intends to boost its sales by more than 5% to over €32 billion and maintain its high adjusted EBIT margin from 2011 in 2012 as well.
Über Continental Reifen Deutschland GmbH
With sales of €30.5 billion in 2011, Continental is among the leading automotive suppliers worldwide. As a supplier of brake systems, systems and components for powertrains and chassis, instrumentation, infotainment solutions, vehicle electronics, tires and technical elastomers, Continental contributes to enhanced driving safety and global climate protection. Continental is also an expert partner in networked automobile communication. Continental currently has approximately 167,000 employees in 46 countries.