Suppliers Legacy

Continental 2019 adjusted profit falls as vehicle demand slumps

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By:
EDWARD TAYLOR and RIHAM ALKOUSAA
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By:
Reuters
|
March 05, 2020 12:19 PM

FRANKFURT/BERLIN -- Continental said it would step up cost savings after posting a drop in adjusted profit and a 1.2 billion-euro ($1.3 billion) net loss in 2019 as worldwide vehicle demand slumped.

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