UPDATE 1-Continental says on track to hit 2008 targets

Newswire

(Adds details, background, share price) HANOVER, Germany, April 25 (Reuters) - Continental AG is on track for another year of record earnings as it streamlines its portfolio and integrates its newly-acquired VDO business, the world's fifth-largest automotive supplier said. Continental shares rose 2.3 percent to 78.29 euros at 0858 GMT, outperforming a 1.1 percent rise in Germany's blue-chip DAX index and a 1.3 percent rise in the DJ Stoxx European automotive index . "The facts and ...

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