Mainland Group's 2015 Revenue Increases Significantly by 14%

It is reported that on January 11, 2016, Continental AG announced that the company’s revenue in 2015 grew by 14%, and forecasted a growth rate of 5% in 2016.

Mainland Group's 2015 Revenue Increases Significantly by 14%
Mainland Group's 2015 Revenue Increases Significantly by 14%

In the preliminary financial report for 2015, Continental Group described its 2015 performance as "successful."

The data shows that in 2015, Continental Group's sales revenue increased to 43.6 billion US dollars, and the pre-tax profit rate was 11.7%.

In 2015, the growth rate of the Continental Group in China slowed, but the growth in the European and United States markets was strong. In addition, the severe economic recession in Brazil and Russia has caused some business downturns.

Mainland executives said that in 2016, the group’s sales are expected to increase to US$45.6 billion, and pre-tax profit margins are expected to exceed 10.5%.

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