Continental '05 EBIT seen up to 1.5 bln euros-paper


FRANKFURT, Dec 23 (Reuters) - German tyre maker Continental expects earnings before interest and tax (EBIT) to rise to 1.4 billion to 1.5 billion euros ($1.6 billion-1.7 billion) in 2005, a newspaper quoted its chief executive as saying on Friday. "The good development of the first three quarters is continuing into the fourth quarter," CEO Manfred Wennemer told the Sueddeutsche Zeitung newspaper. He added that a strong winter tyre business would help lift fourth quarter results over the ...

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