Continental chief says sales, EBIT grew in Q1


FRANKFURT, April 27 (Reuters) - German tyre maker Continental said on Wednesday it had increased sales and operating profit in the first quarter, in contrast to its French rival Michelin . Continental aims to raise its earnings before interest and tax (EBIT) this year. "We achieved this goal for the first quarter," the company's chief executive, Manfred Wennemer, told journalists on Tuesday evening in Duesseldorf. This applies to the original Continental business, excluding the Phoenix ...

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