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Continental Enjoys Positive Start to 2015

DGAP-News: Continental AG / Key word(s): Quarter Results
Continental Enjoys Positive Start to 2015

30.04.2015 / 08:30

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Continental Enjoys Positive Start to 2015

- Sales grow 14 percent to EUR9.6 billion in first quarter

- Automotive supplier publishes key data at its annual shareholders'
meeting

- Adjusted EBIT at around EUR1 billion

Hanover, April 30, 2015. As anticipated, the Continental Corporation has
had a positive start to 2015. In the first quarter of 2015, the sales of
the international automotive supplier, tire manufacturer and industrial
partner climbed by 14 percent year-on-year to around EUR9.6 billion.
Adjusted EBIT rose to around EUR1 billion. Integration costs and one-time
expenses for Veyance of EUR37 million had a negative effect on the company
results in the first quarter.

"Given the still only sluggish development in our sales markets, the start
to the current year was very encouraging. We anticipate that the
replacement tire market in Europe will improve in the quarters ahead. As a
result of the positive development in new registrations particularly in
Western Europe, we also expect an increase in the number of passenger cars
produced. Accordingly, our sales and earnings will also continue to improve
in the coming quarters," said Continental CEO Dr. Elmar Degenhart on
Thursday at the Annual Shareholders' Meeting in Hanover when presenting the
key data for the first three months.

Continental will present its figures for the first quarter of 2015 on May
7.


Continental develops intelligent technologies for transporting people and
their goods. As a reliable partner, the international automotive supplier,
tire manufacturer and industrial partner provides sustainable, safe,
comfortable, individual and affordable solutions. In 2014, the corporation
generated sales of approximately EUR34.5 billion with its five divisions
Chassis & Safety, Interior, Powertrain, Tires, and ContiTech. Continental
currently employs approximately 200,000 people in 53 countries.


Press contact

Hannes Boekhoff
Vice President, Media Relations
Continental AG
Phone: [phone]
Cell: [phone]
E-mail: [e-mail]

Vincent Charles
Spokesman Business & Finance
Continental AG
Phone: [phone]
Cell: [phone]
E-mail: [e-mail]


This press release is available in the following languages: German, English

Press portal: www.continental-presse.de
Financial reports: http//www.continental-ir.com
Video portal: http://videoportal.continental-corporation.com
Media database: http://www.continental-mediacenter.com



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Language: English
Company: Continental AG
Vahrenwalder Straße 9
30165 Hannover
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.conti.de
ISIN: DE0005439004
WKN: 543900
Indices: DAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg,
Hanover, Stuttgart; Regulated Unofficial Market in Berlin,
Dusseldorf, Munich; Terminbörse EUREX; Luxemburg, SIX


End of News DGAP News-Service
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351143 30.04.2015