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Continental Posts Lower Q1 Profit

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Continental AG (OTC: CTTAY) reported a decline in its first-quarter net profit.

Continental's quarterly net profit dropped to 441.2 million euros ($575.8 million), versus EUR482.9 million, in the year-ago period.

Its earnings per share declined to EUR2.21 from EUR2.41, while sales fell to EUR8.03 billion from EUR8.32 billion.

Posted-In: profitEarnings News


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