Continental : No major surprises in Q2 2020 final release post prelims
>Q2 2020 contained no surprises and still no FY guidance - Two weeks after the release of better-than-expected preliminary results (although the consensus was highly dispersed), Continental released its definitive Q2 2020 results yesterday, confirming a certain resilience within the rubber division (particularly in tyres). In terms of outlook, and as it had already indicated two weeks ago, the group confirmed that uncertainty remains too great to communicate a detaile...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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