Continental : Outlook more encouraging, group now needs to deliver
>2022 earnings already known, guidance 4% above expectations at midpoint - While the group had already published preliminary results (below expectations, click here for the link) in January, the focus of this release was, in particular, on the 2023 outlook and the extent of the expected improvement after another tough financial year in 2022 and in a persistently uncertain macroeconomic context. The 2023 targets came in slightly above expectations on the operational si...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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