Elmar Degenhart

Continental raises forecast after Q1 earnings rise 10%

May 7, 2015 10:41 CET

Continental raised its 2015 sales forecast after posting higher first-quarter earnings that were helped by positive foreign exchange effects and a low oil price. Quarterly earnings rose 10 percent to 1.05 billion euros ($1.19 billion), the supplier said....
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Continental Q1 profit rises 5% on Europe rebound

April 30, 2015 11:39 CET

Continental's first-quarter profit rose 5 percent to about 1 billion euros ($1.11 billion) as auto sales in Europe increased....
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Continental will invest 1 billion euros in China, CEO says

April 21, 2015 15:40 CET

Continental plans to invest about 1 billion euros ($1.07 billion) in China over the next five years, CEO Elmar Degenhart said. The company is seeking to boost its share of Asian sales to 30 percent of global turnover by 2020 from a fifth at present....
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Continental 'interested' in being partner on possible Apple car

March 5, 2015 11:50 CET

Continental would be interested in acting as partner for technology giant Apple if the tech company decides to build a car, CEO Elmar Degenhart said....
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Continental plans 5% revenue gain in 2015 on car-market growth

Jan. 12, 2015 12:15 CET

Continental is targeting a 5 percent revenue gain in 2015 after car-market growth in the U.S. and China helped sales rise 4 percent last year to hit a fifth consecutive record high....
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Continental raises 2014 profit forecast on lower costs, auto demand

July 31, 2014 11:26 CET

Continental raised its 2014 profit forecast for the second time this year to 11 percent of sales from 10.5 percent, after lower production costs and improving auto demand helped boost quarterly earnings....
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