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You are here: Home1 / News2 / Product News3 / Conti: High Losses And No Dividend

Conti: High Losses And No Dividend

Date: 11th April 2002 Author: Admin Comments: 0

Although Continental AG increased turnover in 2001 to 11.2 bn Euro (+11.1%), high losses of 257.

6 million Euro have been announced. The reasons for the bad figures are restructuring costs (especially the closing of tyre factories), plus the business units Continental Tire North America (CTNA) and the Commercial Tyre Business are again in the red. The shareholders will not receive a dividend.

Related news:

  1. Stability control programs launched
  2. USW Files Complaint With State Department Against Continental
  3. CTNA Headquarters on the Move
  4. Conti to Focus on Debt Reduction
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