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Germany

Continental maintains its outlook for fiscal year 2022 despite turbulent market environment

Continental AG (Continental) announced that its projected consolidated sales for the FY 2022 of around EUR 38.3 to EUR 40.1 billion and an adjusted EBIT margin of around 4.7% - 5.7%, are still remained. This includes additional costs of EUR 3.5 billion as a result of the massive price increases for raw materials, sem....

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