First Quarter Figures From Continental

Continental’s profits after tax rose almost 62 per cent in the first quarter of the year to 68 million Euro (2001; 42 million). Corporation sales increased by 6.1 per cent to 2.

734 billion Euro (previous year 2.578 bn). Ignoring changes from consolidation (mainly the inclusion of Conti Temic), sales fell slightly by 1.

7 per cent. In the same period, EBITA (EBIT before goodwill amortization) rose 16.5 per cent to 148 million Euro (2001; 127 million).