Conti says Q3 oper profit up 30 pct, lifts outlook

Newswire

FRANKFURT, Oct 29 (Reuters) - German tyre and car components maker Continental on Wednesday posted stronger than expected operating profit for the third quarter and raised its guidance for the full year. The company posted earnings before interest, tax and amortisation (EBITA) of 262 million euros ($306.7 million), up 30 percent from the same period a year ago. Conti also lifted its forecast for 2003 operating profit. It now expects EBITA of over 750 million euros for this year, up from ...

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