Continental Cuts Sales Outlook

Auto supplier Continental cuts sales guidance, but shares rise on profit beat
German automotive and industrial supplier Continental cut its annual sales guidance for the second time this year on Monday, citing weak industrial demand in Europe and North America, but it beat third quarter profit expectations.
Continental smashes Q3 forecasts, but cuts sales guidance
Shares in Continental surged in Frankfurt on Monday after the German auto parts and tyres manufacturer beat estimates with third-quarter profits, as investors shrugged off its move to cut sales guidance for the full year.
Continental Stock Up On Strong Q3 Profit; Cuts FY24 Sales View
Shares of Continental AG were gaining around 7 percent on the German trading after the automotive parts maker reported Monday
Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
The auto supplier posted third-quarter adjusted earnings that beat analyst expectations, sending shares higher, but lowered its 2024 sales guidance after its ContiTech division continued to suffer weak industrial demand.
Continental cuts sales guidance, posts Q3 profit beat
German automotive and industrial supplier Continental on Monday cut its sales guidance for the second time this year, blaming weak demand in Europe and North America, even as it posted third-quarter core profit above expectations.
Continental Q3 Net Income Rises; Adjusts FY24 Outlook
Continental (CTTAY.PK) reported that its net income in the third quarter was 486 million euros compared to 299 million euros, prior
Continental Trims Sales Outlook on Muted Industrial Demand
Continental AG slightly lowered its sales outlook for the year due to weak demand from industry clients in Europe and North ...
Continental Aktiengesellschaft’s Strong Growth Trajectory and Undervalued Stock Justifies Buy Rating
Analyst Alexander Wahl from Stifel Nicolaus maintained a Buy rating on Continental Aktiengesellschaft (CTTAF – Research Report) and ...
Europe markets rally to start the week on a positive note; auto supplier Continental up 7%
European stocks were higher on Monday, starting the week on a positive footing after Donald Trump’s election victory.
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Germany shares higher at close of trade; DAX up 1.22%
Germany equities were higher at the close on Monday, as gains in the DAX Technology, DAX Media and DAX Retail sectors led ...
DZ BANK AG Sticks to Its Buy Rating for Continental Aktiengesellschaft (CTTAF)
In a report released today, Michael Punzet from DZ BANK AG maintained a Buy rating on Continental Aktiengesellschaft (CTTAF – Research ...
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First Continental plants in Germany earn sustainability certification
This certification confirms Continental’s compliance with and documentation of certain processes for the mass balance of raw materials.
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Prima Wawona ag equipment goes on auction block
Maltz Auctions has been directed to conduct an online-only public auction from November 7-14, 2024, for major agricultural ...
ET Auto5d
Continental Tires India strengthens partnership with Mercedes-Benz AG
Continental Tires India continues its partnership with Mercedes-Benz AG as a preferred partner. The partnership extends to ...
The Scottish Farmer4d
Continental tyres improved telehandler performance
Discover how Angus farmer James Adam boosted his JCB’s stability and efficiency with Continental's CompactMaster tyres, saving costs and ...
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Bentley to launch its first EV – a sleek urban SUV – in 2026
Finally, Bentley says it has found the winning formula to giving an all-electric vehicle the Bentley stamp of approval.
BMW’s Profit Margin Drops to Four-Year Low After Recall
BMW AG’s profit margin fell to the lowest in more than four years in the third quarter as a costly recall and weak demand in ...