October 22, 2019 / 12:04 PM / a month ago

Germany's Continental posts 5.6% adjusted EBIT margin in third-quarter dragged by restructuring costs

BERLIN (Reuters) - German engineering group Continental (CONG.DE) reported a 5.6% adjusted EBIT margin in the third quarter, citing one-off restructuring costs, but it confirmed its 2019 outlook.

Continental said preliminary third-quarter results showed consolidated sales were approximately 11.1 billion euros with automotive group sales at approximately 6.6 billion euros.

Reporting by Riham Alkousaa; Editing by Tom Sims

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