Report
Anthony Dick ...
  • Michael Foundoukidis

Continental : Outlook still too uncertain to play a 2025 story

>Adjustments in the face of a more strained environment and one-offs - Following the pre-close call last week and in the run-up to Q3 2024 earnings release, we have adjusted our estimates for Continental, primarily to factor in : 1/ a more difficult LVP environment in H2 (negative), 2/ higher difficulties at ContiTech (negative), 3/ risk of higher provisions due to the BMW braking systems recall (negative), and 4/ exceptional items relating to Vitesco (positive). All ...
Underlying
CONTINENTAL AKTIENGESELLSCHAFT

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Anthony Dick

Michael Foundoukidis

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