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Conti management sees continued profitable growth in 2018

 Continental A.G. management is projecting profitable sales growth in 2018 of nearly 7 percent after the company reported improved sales and earnings for fiscal 2017.
Operating income for the year ended Dec. 31 rose 11.4 percent to $5.14 billion on 8.5-percent higher sales of $49.6 billion.Net income rose 6.5 percent to $3.36 billion.
Citing projected growth in car and light commercial vehicle production of more than 1 percent to 96.5 million vehicles.

  • 4/23/2018
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