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Continental is raising its full-year profit outlook after a strong quarter in its tire business

1 source1 article First seen Updated United States Truth score 40

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Summary

The tire maker expects an adjusted EBIT margin of around 13.4% to 14.0% this year, up from a prior range of 12.0% to 13.5%

Description from Quartz.

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  1. Quartz Leans left Factuality: High US
    Continental is raising its full-year profit outlook after a strong quarter in its tire business

    The tire maker expects an adjusted EBIT margin of around 13.4% to 14.0% this year, up from a prior range of 12.0% to 13.5%

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