Continental Cuts Sales Guidance on Weakness in ContiTech Division

Continental Sees Rising Auto Unit Profits on Car Recovery

Continental AG slightly lowered its sales outlook for the year due to weak demand from industry clients in Europe and North America.

Continental Adjusts 2024 Sales Forecast Amid Weak Demand

... division by 2025 ... German automotive and industrial supplier Continental announced another revision to its 2024 sales guidance on Monday.

Tire Sales Lifted Continental - Modern Tire Dealer

“Continental does not expect the industrial business to recover during the fourth quarter and is therefore adjusting its sales and earnings ...

Continental Stock Up On Strong Q3 Profit; Cuts FY24 Sales View

Further, the company maintained fiscal 2024 adjusted margin outlook, but trimmed its sales forecast, after adjusting its outlook for ContiTech.

Continental Reports Earnings Growth in Third Quarter Driven by ...

However, the ContiTech sector faced challenges due to sluggish industrial demand in Europe and North America, leading Continental to revise its ...

Earnings call: Continental AG navigates market headwinds in Q3 2024

Continental is facing challenges in ContiTech due to weak industrial markets and light vehicle production. The company has raised its cost ...

Strategy Article | Financial News | Digital Look

However, the industrial business, ContiTech, was dented by continued weak industrial development in Europe and North America, Continental said.

Grands titres et actualités sur les capital-actions Continental AG ...

... guidance remains in reach despite a weak car market and challenges in its ContiTech division. ... Continental Cuts Sales Guidance on Lower Car Production.

Continental cuts sales guidance, posts Q3 profit beat By Reuters

(Reuters) -German automotive and industrial supplier Continental on(NASDAQ:) cut its sales guidance for the second time this year, ...

Continental Sees Rising Auto Unit Profits on Car Recovery

The CFO added that Continental is looking at additional cost cuts, including on the labor side, at its Contitech industrial unit. The parts ...

Continental Warns Of Weak European Auto Demand Impacting Q2

On a global scale, though, Continental only expects a slight sales ... guidance, thanks to cost-cutting efforts in its ContiTech industrial division.

Continental AG - MarkLines Automotive Industry Portal

This strategy can be seen in the trend of a steadily decreasing percentage of Company sales from Europe. The Company's percentage of sales for Europe has ...

Continental auto supplier cuts sales guidance, but shares rise on ...

(Reuters) - German automotive and industrial supplier Continental cut its annual sales guidance for the second time this year on(NASDAQ:), ...

Continental Shares Rise on Outlook Reassurance | Morningstar

Continental shares rose after the company reassured analysts that its full-year guidance remains in reach despite a weak car market and ...

Continental cuts sales guidance, posts Q3 profit beat - AllSides

Nov 11 (Reuters) - German automotive and industrial supplier Continental (CONG.DE) on Monday cut its sales guidance for the second time this ...

Continental auto supplier cuts sales guidance, but shares rise on ...

German automotive and industrial supplier Continental cut its annual sales guidance for the second time this year on Monday, citing weak ...

Continental Gains After Car-Parts Returns Turn Positive

The division's adjusted earnings before interest and tax margin climbed to 2.4% in the second quarter, from -0.5% in the same period last year, ...

Continental Explores Spin-Off Of Its Automotive Business - Forbes

The expected adjusted EBIT margin remains at around 13.0% to 14.0%. For the ContiTech group sector, Continental maintains its sales forecast of ...

Mobility Redefined - Annual Reports

Continental, with sales of €40.5 billion in 2016, is one of the world's leading automotive suppliers. In our five divisions – Chassis & Safety, Interior ...

Earnings call: Continental AG outlines spin-off plans and financials

Continental AG plans to spin off its automotive group by end of 2025, aiming for two independent listed entities. Q2 2024 sales reached €10 ...