Tag: Continental AG
After Successful 2015: Continental Shapes Digital Future, Backed by Strong Financial Position
Continental AG has significantly increased its financial flexibility with a successful fiscal 2015. EBIT of €4.1 billion and an EBIT margin of 10.5 percent. Net income improved to €2.7 billion and €13.64 per share. Free cash flow before acquisitions up significantly year-on-year at €2.7 billion.
Continental Selects Site in Mississippi for New Plant to Drive Its Commercial Vehicle Tire Business
Continental selects site in Mississippi near Clinton for production of commercial vehicle tires for North America. A commitment for long term investment totaling approximately $1.4 billion and providing 2,500 jobs. The project is part of the growth strategy of leading technology company Continental AG.
New Appointments at Continental in the Truck Tires Replacement Business, EMEA Region
At the start of 2016, Continental reorganized its Truck Tires Replacement Business in the EMEA region. With the position of Sales Director for Truck Tires, the German premium tire manufacturer has established a separate function for coordination of all sales activities in the EMEA (Europe, Middle East, Africa) region.