FRANKFURT Jan 13 German automotive supplier
Continental AG said it expects its sales to rise by
about 5 percent to 35 billion euros ($47.85 billion) this year
after reaching 33.3 billion last year.
"At the same time, we want to comfortably achieve a
double-digit adjusted EBIT margin," Chief Executive Elmar
Degenhart said in a statement on Monday.
In 2013, Continental posted a margin on earnings before
interest and tax (EBIT) of 11.2 percent, reaching its own target
of posting a margin of at least 10.5 percent. Continental is due
to post full 2013 results on March 6.
($1 = 0.7314 euros)
(Reporting by Maria Sheahan)