Continental Cuts Sales Guidance on Weakness in ContiTech Division

Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure

The German automotive supplier and tire company cut its full-year sales guidance for the second consecutive quarter on a worse-than-expected ...

Auto supplier Continental 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 Cuts Sales Guidance on Weakness in ContiTech Division

Continental cut its 2024 sales guidance for the second consecutive quarter due to weak demand across its ContiTech division. The German automotive supplier ...

Continental cuts sales guidance again but cost-cutting pays off

The cut to full-year sales guidance was largely due to a slowdown in the company's ContiTech division, which supplies industrial clients as well ...

WSJ Business News on X: "Continental Cuts Sales Guidance on ...

Continental Cuts Sales Guidance on Weakness in ContiTech Division https://t.co/RnUWleZy0c.

Auto Supplier Continental Cuts Sales Guidance, but Shares Rise on ...

The latest cut was a result of downward revisions in the ContiTech business, which supplies industry as well as carmakers. European carmakers ...

Continental cuts sales guidance, posts Q3 profit beat - Freedom 96.9

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

Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure

... divisions mitigated revenue pressures and weakness at its ContiTech unit ... cut its full-year sales guidance for the second consecutive ...

Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure

Continental reported higher quarterly earnings as cost cuts and strong results at its key automotive and tires divisions mitigated revenue ...

Wall St Engine - X.com

CONTINENTAL CUTS SALES OUTLOOK AGAIN, EYES SPINOFF OF CAR PARTS UNIT Continental ... weak demand in its ContiTech division in Europe and ...

Continental smashes Q3 forecasts, but cuts sales guidance

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

Industrial business weakens at Continental - cost-cutting measures ...

At €6.2 to 6.6 billion, ContiTech's sales in 2024 will be around €400 million lower than previously assumed, while the profit margin will remain ...

Continental cuts sales guidance, posts Q3 profit beat - XM

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

Continental promises stronger second half as cost-cutting measures ...

Q2 profits up 40%, beating expectations · Sales outlook lowered amid dampened demand · Cost-cutting measures starting to take effect: CFO · Shares ...

Continental Cuts Sales Guidance on Lower Car Production - WSJ

Continental cut its full-year sales view due to lower-than-expected car production and now anticipates 2024 production of cars and light commercial vehicles to ...

Continental Increases Earnings in 2023 and Targets Further ...

The ContiTech group sector performed positively despite a weak industrial environment, generating sales of €6.8 billion (2022: €6.6 billion ...

Continental cuts sales guidance, posts Q3 profit beat - MarketScreener

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

Revision of Guidance for Fiscal 2018 - Continental AG

Additional burdens resulted from start-up costs in the ContiTech division as well as from higher costs in the powertrain sector due to the ...

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$GT $MGDDY $MGA $BWA $ADNT *European Tire And OEM Auto Supplier, Continental AG, Shares Soar 11% After Profit Beat* -WSJ. Continental Cuts ...

Continental Cuts 2024 Sales Forecast Amid Weak Demand, but ...

The forecast cut mainly affects its ContiTech industrial division, while guidance for the automotive division remains unchanged. The company ...