Continental AG's debt, liquidity position improve

Newswire

FRANKFURT, July 30 (Reuters) - Net debt at German auto parts maker Continental fell below 10 billion euros ($14.15 billion) for the first time since its acquisition of Siemens VDO, while its liquidity situation improved, the company said on Thursday. "We assume that we will be able to comply with our credit agreements throughout the remainder of the year as well," Chief Executive Karl-Thomas Neumann said in a statement. Continental said the 4.0 billion euros in available liquidity from ...

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