Continental Group recently announced its 2011 financial report, which showed that its sales in 2011 reached a record high, exceeding 30.5 billion euros (about 40.6 billion US dollars), an increase of 17% year-on-year.
In 2011, the mainland's EBIT was 2.6 billion euros (about 3.5 billion U.S. dollars), accounting for 8.5% of sales; adjusted EBIT was 3 billion euros, accounting for 10.1% of sales.
Mainland's diluted profit per share in 2011 was 6.21 euros ($8.26); net debt fell below 6.8 billion euros (about $9 billion). As of the end of 2011, the number of employees of the Continental Group has increased to 164,000.
For 2012, Continental expects sales to increase by more than 5% year-on-year to 32 billion euros (about 42.6 billion U.S. dollars) and net debt to continue to fall below 6.5 billion euros (about 8.65 billion U.S. dollars).
In 2011, the mainland's EBIT was 2.6 billion euros (about 3.5 billion U.S. dollars), accounting for 8.5% of sales; adjusted EBIT was 3 billion euros, accounting for 10.1% of sales.
Mainland's diluted profit per share in 2011 was 6.21 euros ($8.26); net debt fell below 6.8 billion euros (about $9 billion). As of the end of 2011, the number of employees of the Continental Group has increased to 164,000.
For 2012, Continental expects sales to increase by more than 5% year-on-year to 32 billion euros (about 42.6 billion U.S. dollars) and net debt to continue to fall below 6.5 billion euros (about 8.65 billion U.S. dollars).
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