Continental AG issues outlook for Q1 and full FY 2014 in line with analysts' estimates and to pay out dividend

Thursday, 6 Mar 2014 02:47am EST 

Continental AG:Wants to pay out dividend of 2.50 euro per share.Sees company as getting off to solid start in Q1 2014.Reckons with a 3-to-4-pct rise in sales in Q1 2014.Says adjusted EBIT in Q1 2014 will be higher than comparable figure in previous year.Expects FY 2014 sales to grow 5 pct to around 35 billion euro.Q1 2014 revenue estimate 8.704 billion euro - Thomson Reuters I/B/E/S.Q4 2013 revenue of 8.407 billion euro.Q1 2014 EBIT estimate 983.00 million euro - Thomson Reuters I/B/E/S.Q1 2013 EBIT of 796.20 million euro.FY 2014 revenue estimate 35.624 billion euro - Thomson Reuters I/B/E/S. 

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3:59pm EDT