Continental : Less Autos, higher profits
>Few revisions to be expected in the short term - Management presented their medium-term strategy and new financial targets for 2026 and beyond. While the targets, which are for the most part broadly in line with those presented at end-2020, appear higher than expected (>10% in 2026, although consensus still limited on this time horizon), there is little hope, in our view, for upward revisions before we have greater visibility both on the 2024 environment and manageme...Continental is an automotive industry supplier. Co.'s automotive divisions comprised of: Chassis & Safety, which develops and produces systems that provide safety and enhanced vehicle dynamics; Powertrain, which develops solutions for gasoline and diesel engines, as well as hybrid and electrical drive systems; and Interior, which provides solutions for information management within vehicles and networking between vehicles. Co.'s rubber divisions comprised of: Tires, which provides tires for passenger cars through trucks, buses and construction site vehicles to special vehicles, motorcycles and bicycles; and ContiTech, which develops products made from rubber and plastic.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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