Continental’s Q3 net income drops 14.1% y/y to USD726.4 million
Continental’s third-quarter net income drops 14.1% y/y to USD726.4 million
Continental has reported 14.1% year-over-year (y/y) decline in net income to EUR626.1 million (USD726.4 million) for the third quarter ended 30 September 2018, the company said in a press release on 8 November. The company also witnessed 17.9% y/y drop in EBIT to EUR851.6 million; EBIT margin was 13.1%. Sales in the third quarter improved marginally, by 0.9% y/y, to EUR10.8 billion.
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