Continental : An earnings release that in the end brings more questions than answers
>Q3 results already known and new guidance in line … thanks to Rubber - Continental had already reported solid preliminary results a few weeks ago, and the focus of yesterday’s release was primarily reinstated guidance for 2020. The new guidance is unlikely to result in any further significant revisions to the consensus at group level (excluding exceptional items) with an Automotive unit outlook that is however weaker, which raises questions, although offset by the Ru...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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