Continental expects '02 EBITA to beat 607 mln euros

Newswire

HANOVER, Germany, Oct 31 (Reuters) - The chief financial officer of German tyre maker Continental said on Thursday he expected the company's full-year operating profit to beat a previous record of 607 million euros ($599 million). Asked in an interview with Reuters if Continental could beat the 607 million euros earnings before interest, tax, and amortisation (EBITA) posted in 1999, CFO Alan Hippe said: "I think that is possible". The company, the world's number four tyre maker, had ...

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