Continental - Tire manufacturer benefits from higher selling prices and demand revival!
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Business Driver: Continental has focused on its highly profitable tire business and the Contitech division, which specializes in industrial and service solutions, after the spin-off of the automotive division Aumovio and significant portions of Contitech. Continental is advancing to become one of the leading players in passenger car and commercial vehicle tires. Having trimmed the tire division for margins through restructuring and cost-cutting measures, Continental is expected to benefit from the recent price increases that have been implemented....
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