Continental’s Q3 sales up 3% y/y to USD12.1 billion

Financial results

Company reaffirms full-year 2019 financial outlook

Continental has reported 3% year-over-year (y/y) increase in sales to EUR11.1 billion (USD12.1 billion) in the third quarter ended 30 September 2019, the company said in a press release on 12 November. Adjusted for change in scope of consolidation exchange rates, sales dropped slightly, by 0.3% y/y. The Germany based automotive supplier reported stable sales in the third quarter when global light vehicle production dropped 3% y/y.

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