Continental CFO sees no need to sell tyre ops

Newswire

FRANKFURT, July 31 (Reuters) - German car parts maker Continental sees no need to consider a disposal of its tyre business, finance chief Alan Hippe told a conference call on Thursday. "The target is very clear, to keep things together," he said, adding that an acquisition for its tyre business was also an option to grow and better achieve economies of scale. Hippe said he would be "disappointed" if the company would not generate free cash this year that would come very close to last ...

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