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Continental reports a 47% leap in Q3 profit as price hikes offset costs

Continental cuts 2021 vehicle production outlook
(Andrey Rudakov/Bloomberg)
R
By:
Reuters
November 10, 2022 11:08 AM

BERLIN -- Continental reported a 47 percent jump in third-quarter operating profit as price hikes and a strong recovery in auto production offset rising energy and logistics costs.

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