UPDATE 1-Continental to raise 2002 outlook-sources

Newswire

(Adds details, share price) HANOVER, Germany, Oct 29 (Reuters) - Tyre maker Continental AG will raise its profit outlook for 2002 when it reports results this week, industry sources said on Tuesday, underscoring the company's progress in restructuring. Sources told Reuters Continental now expects its 2002 operating profit to exceed 533 million euros ($525 million), in line with many analysts' forecasts who put the figure at over 600 million euros. The German company had previously ...

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