Continental Improves Net Income by Approximately Half a Billion Euros in Q1 2010; Sales Grow to Nearly EUR6 Billion / Corporation Achieves EBIT of EUR494 Million; Automotive Group Improves EBIT Margin to Approximately 5%; Rubber Group Achieves EBIT Margin of 14%; Adjusted EBIT* at EUR605 Million / Adjusted EBIT Margin over 10%; First Quarter Provides Firm Basis, Ensures Achievement of Targets for Year by ENP Newswire

Book Review : Continental Improves Net Income by Approximately Half a Billion Euros in Q1 2010; Sales Grow to Nearly EUR6 Billion / Corporation Achieves EBIT of EUR494 Million; Automotive Group Improves EBIT Margin to Approximately 5%; Rubber Group Achieves EBIT Margin of 14%; Adjusted EBIT* at EUR605 Million / Adjusted EBIT Margin over 10%; First Quarter Provides Firm Basis, Ensures Achievement of Targets for Year

By ENP Newswire

  • Publication Date: 2010-05-04
  • Genre: Business & Personal Finance

Book Review

ENPNewswire-4 May 2010-Continental Improves Net Income by Approximately Half a Billion Euros in Q1 2010; Sales grow to nearly EUR6 billion / Corporation achieves EBIT of EUR494 million; Automotive Group improves EBIT margin to approximately 5%; Rubber Group achieves EBIT margin of 14%; Adjusted EBIT* at EUR605 million / Adjusted EBIT margin over 10%; First quarter provides firm basis, ensures achievement of targets for year(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 04052010 - Hanover - The Continental Corporation has profited significantly from its own hard work and the continuing recovery of the global automotive markets in the first quarter of 2010. Sales grew year-over-year by EUR1.7 billion to around EUR6 billion, thus climbing roughly EUR300 million higher than the figure for the fourth quarter of 2009. The international automotive supplier improved net income attributable to the shareholders of the parent by about half a billion euros to EUR228 million in the first three months of 2010 as against the prior-year period.

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