Sales of €40.5 billion, record tyre volumes – Continental announces 2016 results
Continental AG reports achieving annual sales of €40.55 billion in 2016, a year-on-year increase of 3.6 per cent. Adjusted EBIT amounted to €4.34 billion, 0.6 per cent lower than a year earlier, while the adjusted EBIT margin was also slightly down, at 10.8 per cent. Profit after tax rose 2.6 per cent to €2.80 billion; earnings per share were €14.01.