Elmar Degenhart

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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Continental raises profit forecast after first-quarter gains

April 25, 2014 10:46 CET
Continental has raised its profit forecast for 2014 after earnings jumped nearly 20 percent in the first three months....
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Continental seeks to expand beyond auto business with U.S. acquisition

Feb. 11, 2014 06:01 CET
Continental agreed to buy Veyance Technologies for about $1.9 billion to expand beyond the auto business. Continental expects the purchase to boost profit of its ContiTech unit. U.S.-based Veyance makes industrial hoses and conveyor belts....
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Continental predicts sales growth of 5% in 2014

Jan. 13, 2014 12:14 CET
Continental predicts sales this year will jump 5 percent, a fifth consecutive year of record sales, after revenue rose 2 percent in 2013....
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Continental raises earnings forecast on China, U.S. growth

Nov. 7, 2013 09:11 CET
Continental raised its earnings forecast for 2013 as growth in China and North America offset the effects of the euro's currency-market gains....
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Continental to concentrate more on growth opportunities outside Europe

Oct. 23, 2013 15:40 CET
Continental is banking on growth outside Europe to help offset continued weakness in the region and is investing in adding tire production capacity in fast-growing markets....
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Continental extends CEO Degenhart's contract by 5 years

Sept. 26, 2013 10:53 CET
Continental's supervisory board has extended the contract of CEO Elmar Degenhart by another five years until the end of August 2019....
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At Courtesy Auto Group in Illinois, Ray and Rik Fregia are seeing sales boom after million-dollar overhauls at their three stores. Mon., September 15
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