Continental : No major surprises from the publication
>Q2 in line with preliminaries, full-year targets very slightly adjusted - As Continental had already reported preliminary Q2 2023 results, the focus yesterday was more on explanations for the performance and message on forecasts. Although the forecasts were revised in order to integrate various elements (mainly better automotive production, less solid tyre markets and lower inflation), the changes are minor and the consensus broadly in line with these full-year targ...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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