Continental sees more price hikes after profit tops forecast
Source: Reuters
Q3 EBIT 605 mln euros vs forecast 519 mln eurosPosts Q3 net loss and negative adjusted free cash flowShares up 10%BERLIN, Nov 10 (Reuters) - Continental expects to pass more energy and labour cost increases onto customers next year, the auto parts supplier said on Thursday, after price hikes and a recovery in auto production helped it top quarterly operating profit forecasts.The German company maintained its…
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