Continental AG sees record 2005 sales, profits

Newswire

FRANKFURT, March 31 (Reuters) - German tyre and car parts maker Continental AG reaffirmed on Thursday sales and operating profits would reach new record levels this year after reporting a 64 percent rise in fourth-quarter earnings. "We want to continue our record-breaking performance this year" Chief Executive Manfred Wennemer said in a statement prior to the firm's annual press conference in Hanover. Earnings before interest and taxes (EBIT) rose to 319 million euros ($413 million) in ...

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