Report
Anthony Dick ...
  • Michael Foundoukidis

Continental : Same old, same old

>A release that once again illustrates the group’s difficulties - Continental has published Q2 2021 earnings marked, as anticipated, by a very good performance in tyres but also, and this was far less expected, by an even more pronounced weakness in automobile, loss-making in Q2 whilst the group’s peers continued to rebound. The message implied by the FY guidance is not any more encouraging either and suggests that the Q2 trend is set to continue in H2, with the rubbe...
Underlying
CONTINENTAL AKTIENGESELLSCHAFT

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Anthony Dick

Michael Foundoukidis

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