Continental : Still not easy to see ahead clearly
>Largely unsurprising release after the prelims - Continental's Q1 2022 earnings, reported yesterday, were broadly in line with the prelims posted earlier in April. The group had at the time downgraded its full-year guidance which was duly confirmed yesterday. All told, this broadly unsurprising release is not expected to prompt major revisions to the consensus, which is already in line.Underperform rating maintained - All told, our estimates are rela...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.