Continental discussing ‘need for action’ with employee representatives

7th August 2019 | 0 Comments
 
Continental discussing ‘need for action’ with employee representatives
Continental sees its H1 2019 performance as “solid”, but is concerned about pressure on high-cost locations such as Germany (Photo: Continental AG)

Continental is the latest automotive sector company to report lower year-on-year income in the second quarter of the year. The tyre maker and automotive systems supplier describes its fiscal performance during the period as “an overall solid” result despite a “sharply declining market.” It is nevertheless considering ways of keeping its production costs in check, and will report its progress to this end in the weeks to come.

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