Continental reports third quarter 2021 financial results
Rubber Technologies posted strong sales owing to businesses from replacement-tire and industrial verticals
Continental reported sales of EUR8 billion (USD9.08 billion) for the third quarter of 2021 with a year-on-year decline (y/y) decline of 7.4% from EUR8.7 billion for the same period, the company said in a press release on 10 November. Operating income was increased to EUR657.2 million for the third quarter of 2021 against EUR638.5 million from third quarter of 2020. Net income was reported at EUR309.1 million for the third quarter of 2021 with an increase from EUR(719.3) million from third quarter of 2020.
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