Report
Michael Foundoukidis

Continental : Un T1 sans surprise mais une visibilité qui fait encore défaut

>Un T1 déjà largement connu, mais l’inconnu reste de mise au-delà - Peu de surprises alors que le groupe avait déjà communiqué deux fois sur des préliminaires (finalement meilleurs que prévu) et récemment décalé son projet de spin-off de Vitesco (Powertrain) à 2021. Dans ce contexte, l’attention autour de cette publication portait sur les perspectives/réductions de coûts (-5% visés sur les coûts fixes sur les neuf prochains mois). Toutefois, à l’image de ses pairs, le...
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
Michael Foundoukidis

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