The logo of Continental AG can be seen in front of the automotive supplier’s headquarters. Moritz Frankenberg/dpa
Germany automotive sector supplier Continental posted first-quarter figures weaker than expected by analysts, but stuck to its forecast for the group as a whole over the full year.
Sales in the automotive group sector came in at €4.8 billion ($5.1 billion), down from €5 billion last year and also below expectations of €4.9 billion.
The margin on earnings before interest and tax was minus 4.3%, by contrast with expectations…
