Continental presents mid-term targets

Continental revealed its strategy for growth at its Capital Market Day yesterday. The company aims to enhance value creation by implementing cost reduction measures, with a goal of achieving an adjusted EBIT margin of 8-11% within 2-3 years and improving within this range thereafter. Continental also refined its sales targets and now aims for €44-48 billion in 2-3 years and €51-56 billion in 3-5 years.