Continental AG Announces Earnings Results for the Year 2015; Provides Earnings Guidance for the Year 2016

Continental AG announced earnings results for the year 2015. For the year, the company reported that sales were up 14% to about EUR 39.2 billion. Adjusted EBIT was EUR 4.4 billion.

For the year 2016, the company targeted increase in sales of around 5% to approximately EUR 41 billion. The company expects to maintain adjusted EBIT margin at more than 10.5%.