Continental : Changing times
>Neutral rating maintained, a trickier positioning than before - Following the expert sessions organised around its different businesses since 8 December, Continental held yesterday a CMD in the presence of the CEO and the main executives. The group gave a detailed and interesting presentation of its medium-term strategy and set out its new financial midterm targets (2023-2025), which are broadly in line with our estimates, including for 2020 (slight upgrade thanks to...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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