Continental : L’automobile toujours à la peine en ce début d’année
>Un T1 qui confirme les difficultés de l’automobile - La publication des résultats détaillés du T1 2019 de Continental a confirmé que la division Automobile avait connu un début d’année difficile et que la relative bonne surprise des préliminaires (26/04) venait pour l’essentiel de l’activité Pneus et d’exceptionnels. Au-delà , le FCF, négatif de 579 M€ malgré un impact positif de 76 M€ lié à IFRS16, est également ressorti inférieur à nos attentes en raison d’un impact...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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