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Continental AG (CONG.DE)

CONG.DE on Xetra

139.00EUR
10:05pm IST
Change (% chg)

€0.65 (+0.47%)
Prev Close
€138.35
Open
€137.95
Day's High
€139.00
Day's Low
€136.70
Volume
346,720
Avg. Vol
793,982
52-wk High
€231.50
52-wk Low
€118.30

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Mon, Jan 14 2019

UPDATE 3-Continental warns weaker markets, electric shift to hit margins

* Shares rebound after initially falling 2.2 pct (Adds CFO comment)

Continental warns weaker markets, electric shift to hit margins

FRANKFURT German automotive supplier Continental AG warned of a drop in profitability this year, blaming a downturn in car markets and the industry's costly shift from combustion engines towards electric vehicles.

Continental expects margin drop as car sector undergoes change

FRANKFURT, Jan 14 German automotive supplier Continental AG on Monday forecast falling operating margins in 2019, pointing to changes and volatility in the car industry.

Continental confirms FY margin guidance amid weak China sales

FRANKFURT, Nov 8 German auto supplier Continental AG reaffirmed its outlook for a margin decline in 2018, citing warranty claims and weaker auto production in China and Europe.

Germany's Continental to build new plant in Mexico

MEXICO CITY, Nov 1 German auto supplier Continental AG said on Thursday it would invest more than 52 million euros ($59 million) in a new plant in Mexico.

Germany's Continental hires Byton's Dirk Abendroth as chief tech officer

FRANKFURT, Oct 30 Continental said on Tuesday it had hired Dirk Abendroth, a former BMW executive now employed at Chinese carmaker Byton, to become chief technology officer at the German auto supplier's Automotive division.

Nikkei edges up as weak yen helps mood; Continental profit warning hurts autos

TOKYO, Aug 23 Japan's Nikkei edged up on Thursday after a weak yen supported overall sentiment, but a profit warning by Germany's Continental dragged down auto stocks and tire makers.

Nikkei edges up on weak yen; Continental profit warning hurts autos

TOKYO, Aug 23 Japan's Nikkei edged up on Thursday after a weak yen supported overall sentiment, but a profit warning by Germany's Continental dragged down auto stocks and tire makers.

UPDATE 2-European shares steady as trade talks, U.S. politics fuel uncertainty

* Trading cautious amidst U.S.-China trade talks, Trump legal woes

UPDATE 3-Continental AG cuts outlook on higher costs, warranty claims

* Lower demand for tyres blamed for 2018 guidance cut (Adds details from analyst call, analyst note)

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