Reuters Forum-Continental CEO sees 2007 EBIT rising

Newswire

PARIS, Sept 27 (Reuters) - German tyre and car parts maker Continental AG said reported earnings before interest and taxes (EBIT) could increase in 2007 helped by expected lower raw material costs, its chief executive said on Wednesday. "The company is growing and we should be able to increase our absolute EBIT," Manfred Wennemer told the Reuters Automotive Forum in Paris. "When you look at margin percentages there is a question mark specifically next year when we have for the first time ...

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