UPDATE 1-Germany's Continental reaffirms 2006 targets

Newswire

(Adds background, updates share price) FRANKFURT, Oct 26 (Reuters) - German tyre and car parts manufacturer Continental AG reaffirmed its 2006 targets for higher sales and earnings before interest and taxes, following market speculation of a possible profit warning. "There is no reason at all to step back from our full-year forecast. We continue to expect a rise in revenue and operating profit," a spokesman for Continental said on Thursday. Shares in the German automotive supplier had ...

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