Continental : Sharp improvement now required as early as Q2
>Q1 results already known, management confident on capacity to recover from Q2 - With Continental having already reported its preliminary Q1 2024 results, yesterday’s focus was more on the group’s explanations regarding the underwhelming performance at the start of the year and, importantly, on its capacity to improve it over the next few quarters in order to meet the full-year guidance. The improvement expected from Q2 in Automotive unit (with CFO suggesting operatin...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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