Continental Aktiengesellschaft (ETR: CON)

Germany flag Germany · Delayed Price · Currency is EUR
59.80
+2.12 (3.68%)
Sep 27, 2024, 5:35 PM CET
-7.72%
Market Cap 11.96B
Revenue (ttm) 40.48B
Net Income (ttm) 817.40M
Shares Out 200.01M
EPS (ttm) 4.09
PE Ratio 14.63
Forward PE 6.77
Dividend 2.20 (3.68%)
Ex-Dividend Date Apr 29, 2024
Volume 637,026
Open 57.64
Previous Close 57.68
Day's Range 57.40 - 60.06
52-Week Range 51.02 - 78.40
Beta 1.51
Analysts n/a
Price Target n/a
Earnings Date Nov 11, 2024

About CON

Continental Aktiengesellschaft, a technology company, provides solutions for vehicles, machines, traffic, and transportation worldwide. It operates through four sectors: Automotive, Tires, ContiTech, and Contract Manufacturing. The company offers technology for safety, brake, chassis, motion, and motion control systems; solutions for assisted and automated driving; display and operating technologies; and audio and camera solutions for the vehicle interior, as well as intelligent information and communication technology solutions. It also provid... [Read more]

Industry Auto Parts
Founded 1871
Employees 197,622
Stock Exchange Deutsche Börse Xetra
Ticker Symbol CON
Full Company Profile

Financial Performance

In 2023, CON's revenue was 41.42 billion, an increase of 5.10% compared to the previous year's 39.41 billion. Earnings were 1.16 billion, an increase of 1636.34%.

Financial Statements

News

EQS-Adhoc: Vitesco Technologies Group AG: Guidance adjustment for fiscal year 2024 due to a settlement on the Group separation agreement between Continental AG and Vitesco Technologies Group AG

EQS-Ad-hoc: Vitesco Technologies Group AG / Key word(s): Change in Forecast Vitesco Technologies Group AG: Guidance adjustment for fiscal year 2024 due to a settlement on the Group separation agreemen...

4 days ago - Wallstreet:Online

BMW Recalls More Cars After New Issue With Continental’s Brakes

BMW AG is recalling 270 vehicles in the US to fix improper welding on braking systems supplied by Continental AG, adding to a more widespread issue with the component.

4 days ago - BNN Bloomberg

Tire Producers: Healthy Dividends With Defensive History

The tire manufacturing industry deserves the attention of defense minded investors looking for safe yield. Tire manufacturers' revenue and margins have been broadly stable through recent economic upse...

11 days ago - Seeking Alpha

Continental Pushes Ahead With Pitches for Auto Spinoff

Continental AG is pushing ahead with preparations for a separation of its struggling car parts business, even as it grapples with recalls related to faulty braking systems it supplied, according to pe...

12 days ago - BNN Bloomberg

Continental Spinoff May See 50% of Market Cap Returned, UBS Says

If German car-parts maker Continental AG goes through with spinning off its struggling automotive division, cash returns to shareholders could soar, according to UBS Group AG.

4 weeks ago - BNN Bloomberg

Continental Explores Spin-Off Of Its Automotive Business

On August 5, 2024, Continental AG (OTC: CTTAY, $6.63, Market Capitalization: $13.3 billion) announced that its Executive Board is evaluating a potential spin-off and listing its Automotive group secto...

5 weeks ago - Forbes

Continental AG: Earnings Soar in Q2!

In Q2 2024, Continental reported consolidated sales of €10.0 billion, marking a 4.1% decline from the previous year. Despite this, adjusted EBIT surged by 40.6% to €704 million, and net income rose by...

7 weeks ago - Wallstreet:Online

Continental promises stronger second half as cost-cutting measures sink in

Continental delivered better-than-expected results on Wednesday and said the second half of the year would be even stronger as cost-cutting and restructuring measures underway at the German car parts ...

7 weeks ago - Reuters

Continental Cuts Outlook on Weaker European Car Market

Continental AG lowered its outlook for the year on greater-than-expected declines in the European automotive market, where electric-vehicle sales are slowing.

7 weeks ago - BNN Bloomberg

EQS-News: Continental AG: Continental Significantly Increases Earnings in Second Quarter

EQS-News: Continental AG / Key word(s): Half Year Report/Half Year Results Continental AG: Continental Significantly Increases Earnings in Second Quarter 07.08.2024 / 07:30 CET/CEST The issuer is sole...

7 weeks ago - Wallstreet:Online

Continental AG: Future Growth Combined With A Legacy Business

Continental AG shares present an attractive valuation, with Price to Earnings of 10x next year's earnings. The restructuring program is expected to generate €400 million in cost savings annually from ...

3 months ago - Seeking Alpha

Continental AG shares jump 10% as German firm predicts boost from China

Continental AG shares jumped 10% on Thursday after the German car parts manufacturer told analysts it expects strong growth in China, paired with its push to increase its margins and cut its costs, wi...

3 months ago - Market Watch

Continental Aktiengesellschaft (CTTAF) Q1 2024 Earnings Call Transcript

Continental Aktiengesellschaft (OTCPK:CTTAF) Q1 2024 Results Earnings Conference Call May 7, 2024 6:30 AM ET Company Participants Anna-Maria Fischer - Head of Investor Relations Katja Garcia Vila - Ch...

5 months ago - Seeking Alpha

Continental Keeps Guidance Despite Weak First-Quarter

The German car-parts company confirmed both its preliminary figures for the quarter ended March and also backed its full-year outlook, despite posting a net loss of $57 million.

5 months ago - WSJ

Continental Aktiengesellschaft (CTTAF) Full Year 2023 Earnings Call Transcript

Continental Aktiengesellschaft (OTCPK:CTTAF) FY2023 Earnings Conference Call March 7, 2024 6:30 AM ET Company Participants Anna-Maria Fischer - Head of Investor Relations Nikolai Setzer - Chief Execut...

7 months ago - Seeking Alpha

Continental Faces Costs Hike as Profit Misses Views

Continental posted full-year profits below consensus and warned that wage costs would rise to around €500 million in 2024 and weigh heavily on earnings.

7 months ago - WSJ

Germany's Continental flags huge cost burden in 2024

German automotive supplier Continental on Thursday flagged higher costs and a flat car market in 2024, providing an outlook for the current year that was in line with market expectations.

7 months ago - Reuters

Continental, other tyre makers targeted in EU antitrust raids

Germany's Continental and other tyre makers were raided by European Union antitrust regulators on Tuesday on concerns they may be coordinating prices as part of a cartel.

8 months ago - Reuters

Continental Aktiengesellschaft (CTTAF) Q3 2023 Earnings Call Transcript

Continental Aktiengesellschaft (OTCPK:CTTAF) Q3 2023 Earnings Conference Call November 8, 2023 9:00 AM ET Company Participants Anna Fischer - Head of Investor Relations Katja Vila - Chief Financial Of...

11 months ago - Seeking Alpha

Continental hikes car market forecast, warns on 2024 outlook

Germany's Continental expects a strong fourth quarter for its automotive business and higher growth in the global auto market this year than previously forecast, but said its outlook for next year is ...

11 months ago - Reuters