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Continental AG 2007 Profit Rises on Car Parts, Tires (Update2) (Bloomberg.com)

February 21, 2008 by newsbot

Feb. 21 (Bloomberg) -- Continental AG, Europe's second- largest tiremaker, said 2007 profit rose 3.9 percent on growth in auto parts and car tires. The company's shares gained as it raised savings forecasts for the purchase of component maker VDO.

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