German auto parts supplier Continental AG said on July 5 that due to the Group’s sales revenue growth of up to 38% in the first half of this year, the Group has adjusted its 2010 sales revenue growth rate to 15% on July 2. According to preliminary calculations, mainland China Group's total sales revenue in the first half of this year increased from 9.1 billion euros (about 11.5 billion U.S. dollars) in the same period in 2009 to 12.5 billion euros (about 15.7 billion U.S. dollars). ), EBIT rose from 249 million euros in the same period last year to 1.2 billion euros. “According to these preliminary results in the first half of 2010, we believe that the estimated total sales revenue in 2010 will increase by approximately 15% on the basis of nearly 20 billion euros last year. The adjusted EBIT figures are much higher than the corresponding figures for 2009. Dr. Elmar Degenhart, CEO of Continental Group, stated that “Compared with 5.8% last year, the adjusted EBIT margin in 2010 should be between 8.0% and 8.5%. However, it is currently estimated that the cost of raw materials in the second half of 2010 alone. (Essentially natural rubber) has 250 million euros, and the cost of raw materials has been increasing since last year." Continental's financial report for the first half of the year is scheduled to be announced on July 29. Concrete Fiber could effectively control the microcrack caused by temperature change as well as
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