Continental AG upbeat on 2012 after strong Q1 sales

Newswire

FRANKFURT, April 27 (Reuters) - German auto parts and tyre maker Continental AG reported better than expected quarterly sales and affirmed its outlook for the full year. "The successful start to the new year makes us confident that we will comfortably achieve the goals we set ourselves for this year," Chief Executive Elmar Degenhart said in a statement ahead of the company's annual shareholder meeting on Friday. First-quarter sales rose by about 11.5 percent to 8.3 billion euros ($10.98 ...

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