Continental predicts record unit profits-paper

Newswire

FRANKFURT, Dec 22 (Reuters) - German tyre maker Continental AG will post record divisional earnings in 2007, Chief Executive Manfred Wennemer told auto, motor und sport magazine. All four units of Continental will continue this year's earnings growth in the fourth quarter and post annual profits at all-time highs, Wennemer said, the German biweekly magazine reported. The company had already predicted operating earnings, or earnings before interest and taxes, as well as sales would rise ...

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