Go West – Continental For NYSE

In 1999 Continental’s turnover and EBIT “only” rose around 35 % while for the same year a 70% increase in net profits to 234.7 million Euros (1998: 138.2 million Euros) is reported.

Therefore Conti boss Dr. Stephan Kessel is some kind of “disappointed and astonished” with regard to the performance of the company’s shares. May this be another reason why Continental has revealed that it would float its shares on the New York Stock Exchange some time within the next three to five years?.