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Continental


خبر

Companies sell their businesses in Russia

FACTBOX-Companies sell their businesses in Russia Adds International Paper, updates Mondi in 'Forestry & packaging' section Sept 19 (Reuters) - Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they take action to comply with sanctions over the war in Ukraine and deal with threats from the Kremlin that foreign-owned assets may be seized.
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Continental, Fevertree Drinks, IDS

EUROPE RESEARCH ROUNDUP-Continental, Fevertree Drinks, IDS Sept 18 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Continental, Fevertree Drinks and IDS, on Monday. HIGHLIGHTS * A.P. Moller-Maersk MAERSKb.CO : JP Morgan cuts to neutral from overweight * BioPharma Credit Plc BPCR.L : Jefferies raises to buy from underperform * Continental AG CONG.DE : Goldman Sachs raises to neutral from sell * Fevertree Drinks Plc FEVR.L : RBC rais
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German suppliers welcome Chinese EV makers' European plans

German suppliers welcome Chinese EV makers' European plans By Victoria Waldersee and Christina Amann MUNICH, Sept 5 (Reuters) - While Western carmakers look warily upon the European expansion plans of Chinese electric vehicle makers, major German auto suppliers are eager to expand on existing partnerships in China and provide those rising manufacturers with European-made parts.
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Continental integrates Google Cloud into vehicle cockpit

Continental integrates Google Cloud into vehicle cockpit MUNICH, Sept 4 (Reuters) - Continental CONG.DE will integrate Google Cloud services into its vehicle cockpit system, the company said on Monday, enabling drivers to ask the vehicle for assistance such as context on nearby sights or information on the vehicle while driving. The two companies will use artificial intelligence to create a dialogue system in Continental's high-performance computer, the autos supplier said, demonstrating the tec
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Continental CEO reviews future ownership of ContiTech - Welt Am Sonntag

Continental CEO reviews future ownership of ContiTech - Welt Am Sonntag FRANKFURT, Sept 2 (Reuters) - German auto parts supplier Continental CONG.DE is considering whether it is the most suitable owner for its ContiTech unit, CEO Nikolai Setzer said in an interview with Germany's Welt Am Sonntag newspaper. "The ContiTech business is being developed independently and we are examining whether we are still the best owner for it," Setzer said, adding that the review is not yet complete.
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Companies sell their businesses in Russia

FACTBOX-Companies sell their businesses in Russia Adds Heineken, Uniqa Aug 25 (Reuters) - Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they take action to comply with sanctions over the Ukraine conflict and respond to threats from the Kremlin that foreign-owned assets may be seized. Below are some of the companies by sector that have secured deals to sell their businesses in Russia: AUTOS CONTINENTAL AG CONG.DE The car parts manufacturer
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Report on possible restructuring boosts Continental shares

BUZZ-Report on possible restructuring boosts Continental shares ** Shares in German automotive supplier Continental CONG.DE surge 5.7% after a media report on possible corporate restructuring that would involve sale of assets ** The German business publication Manager Magazin was first to report the news citing unnamed sources in the company ** As
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Continental considers sell-off of ContiTech car business - manager magazin

UPDATE 2-Continental considers sell-off of ContiTech car business - manager magazin Adds background, context from paragraph 3 BERLIN, Aug 21 (Reuters) - German auto parts supplier Continental CONG.DE is considering the sale of the car division currently bundled within ContiTech, manager magazin reported on Monday, citing company sources. The possible sale would be part of a wider reorganisation of the company being planned by Supervisory Board Chairman Wolfgang Reitzle and the executive board ar
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Continental considering sale of Contitech's car division - manager magazin

Continental considering sale of Contitech's car division - manager magazin BERLIN, Aug 21 (Reuters) - German auto parts supplier Continental CONG.DE is considering the sale of the car division bundled within Contitech, manager magazin reported on Monday, citing company sources. Supervisory Board Chairman Wolfgang Reitzle and the Executive Board around CEO Nikolai Setzer are considering a reorganization of the corporation, the business publication added, citing the sources.
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Adyen NV, Prosus NV, Spectris

EUROPE RESEARCH ROUNDUP-Adyen NV, Prosus NV, Spectris Aug 18 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adyen NV, Prosus NV, and Spectris, on Friday. HIGHLIGHTS * Adyen NV ADYEN.AS : Berenberg cuts to hold from buy * Endomines AB (Publ) PAMPALO.HE : Evli Research cuts to hold from buy * Glanbia Plc GL9.I : Morgan Stanley raises to overweight from equal-weight * Prosus NV PRX.AS : Barclays raises to overweight from equal weight
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US imports of auto parts face scrutiny under law on Chinese forced labor

EXCLUSIVE-US imports of auto parts face scrutiny under law on Chinese forced labor By Nichola Groom Aug 17 (Reuters) - Electric-vehicle batteries and other car parts are the latest products under scrutiny as part of Washington's effort to stamp out U.S. links to forced labor in Chinese supply chains, according to a document seen by Reuters, agency statistics and sources.
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Vitesco rises as Q2 profit more than doubles, guidance kept

BUZZ-Vitesco rises as Q2 profit more than doubles, guidance kept ** Shares in Vitesco Technologies VTSCn.DE rise 5.3% after the German EV components maker published Q2 results, confirmed guidance ** The company posts quarterly adjusted EBIT rising more than twice y/y at 76.3 million euros ($84 million), 9% ahead of consensus expectations, according
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Continental: do not expect working capital to return to pre-COVID levels

Continental: do not expect working capital to return to pre-COVID levels BERLIN, Aug 9 (Reuters) - Continental CONG.DE Chief Financial Officer Katja Duerrfeld said the auto parts supplier's working capital will likely not return to levels seen before the COVID-19 pandemic but expects a 10% return from current levels. "We are working heavily to determine the right level of inventory for the different parts and components we have," Duerrfeld said on an investor call following second quarter result
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Continental CFO: expect lower logistics costs for automotive in H2

Continental CFO: expect lower logistics costs for automotive in H2 BERLIN, Aug 9 (Reuters) - Continental CONG.DE expects the pressure on logistics costs for its automotive segment in the first half to ease and for costs to come out below last year's levels in the second half, its chief financial officer said on Wednesday. The auto parts supplier had lowered its tires sales outlook because of a slower-than-expected recovery in demand for new tires but could compensate for that with higher pricing
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Continental fights for price rises, to keep costs in check

UPDATE 4-Continental fights for price rises, to keep costs in check Tyres sales outlook cut, margin unchanged on higher prices Working capital likely won't reach pre-COVID levels -CFO UAW worker demands 'strong', 'heavy' -CFO Global passenger car output seen rising 3-5% Recasts with investor call comment on inventory, UAW negotiations By Victoria Waldersee BERLIN, Aug 9 (Reuters) - Continental CONG.DE said it was fighting for price increases in negotiations with customers and seeking ways to fur
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Continental lowers tires outlook on declining Europe, North America business

Continental lowers tires outlook on declining Europe, North America business BERLIN, Aug 9 (Reuters) - Continental CONG.DE lowered its outlook for its tires sector on Wednesday to 14-15 billion euros ($31.82 billion) from 14.5-15.5 billion previously, citing a declining market in the tire-replacement business in Europe and North America. The supplier said it needed to "make up considerable ground" in its automotive segment which fell short of expectations in the second quarter partly due to curr
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Germany corporate earnings week ahead

DIARY-Germany corporate earnings week ahead Aug 4 (Reuters) - Diary of Germany (.GDAXI) corporate earnings for the week ahead GERMANY EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 07-Aug-2023 NTS ENR1n.DE Siemens Energy AG Q3 2023 Siemens Energy AG Earnings Release 08-Aug-2023 20:05 QGEN.N Qiagen NV Q2 2023 Qiagen NV Earnings Release 08-Aug-2023 NTS PSHG_p.DE Porsche Automobil Holding SE Q2 2023 Porsche Automobil Holding SE Earnings Release 08-Aug-2023 05:30 BAYGn.DE Bayer AG Q
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Heat pump maker Stiebel Eltron could reuse Continental's Gifhorn site, staff after layoffs - Continental

Heat pump maker Stiebel Eltron could reuse Continental's Gifhorn site, staff after layoffs - Continental BERLIN, July 19 (Reuters) - Germany's Continental CONG.DE said on Wednesday that it had started negotiations with heating products manufacturer Stiebel Eltron about possible uses of its Gifhorn plant, where it plans to phase out activities by the end of 2027. Earlier this month, Continental said it would attempt to help as many of its 900 workers at the site into new employment as possible.
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Continental autos earnings hit by currency effects, freight costs

UPDATE 1-Continental autos earnings hit by currency effects, freight costs Recasts with adjusted earnings margin below expectation, background throughout July 12 (Reuters) - Continental CONG.DE reported a slightly lower-than-expected adjusted earnings margin in its preliminary second quarter results on Wednesday, citing negative currency exchange effects and high freight costs which weighed on its automotive segment.
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Continental sees Q2 sales in line with consensus

Continental sees Q2 sales in line with consensus July 12 (Reuters) - Continental CONG.DE expects second-quarter sales at 10.4 billion euros ($11.53 billion), in line with a company-provided consensus, the German car parts producer said on Wednesday. The adjusted EBIT margin for the quarter is expected to be around 4.8%, lower than the 5.8% forecast, due to lower automotive branch profits, it added.
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شرائط

مشہور اثاثے

دستبرداری: XM Group کے ادارے ہماری آن لائن تجارت کی سہولت تک صرف عملدرآمد کی خدمت اور رسائی مہیا کرتے ہیں، کسی شخص کو ویب سائٹ پر یا اس کے ذریعے دستیاب کانٹینٹ کو دیکھنے اور/یا استعمال کرنے کی اجازت دیتا ہے، اس پر تبدیل یا توسیع کا ارادہ نہیں ہے ، اور نہ ہی یہ تبدیل ہوتا ہے یا اس پر وسعت کریں۔ اس طرح کی رسائی اور استعمال ہمیشہ مشروط ہوتا ہے: (i) شرائط و ضوابط؛ (ii) خطرہ انتباہات؛ اور (iii) مکمل دستبرداری۔ لہذا اس طرح کے مواد کو عام معلومات سے زیادہ کے طور پر فراہم کیا جاتا ہے۔ خاص طور پر، براہ کرم آگاہ رہیں کہ ہماری آن لائن تجارت کی سہولت کے مندرجات نہ تو کوئی درخواست ہے، اور نہ ہی فنانشل مارکیٹ میں کوئی لین دین داخل کرنے کی پیش کش ہے۔ کسی بھی فنانشل مارکیٹ میں تجارت میں آپ کے سرمائے کے لئے ایک خاص سطح کا خطرہ ہوتا ہے۔

ہماری آن لائن تجارتی سہولت پر شائع ہونے والے تمام مٹیریل کا مقصد صرف تعلیمی/معلوماتی مقاصد کے لئے ہے، اور اس میں شامل نہیں ہے — اور نہ ہی اسے فنانشل، سرمایہ کاری ٹیکس یا تجارتی مشورے اور سفارشات؛ یا ہماری تجارتی قیمتوں کا ریکارڈ؛ یا کسی بھی فنانشل انسٹرومنٹ میں لین دین کی پیشکش؛ یا اسکے لئے مانگ؛ یا غیر متنازعہ مالی تشہیرات پر مشتمل سمجھا جانا چاہئے۔

کوئی تھرڈ پارٹی کانٹینٹ، نیز XM کے ذریعہ تیار کردہ کانٹینٹ، جیسے: راۓ، خبریں، تحقیق، تجزیہ، قیمتیں اور دیگر معلومات یا اس ویب سائٹ پر مشتمل تھرڈ پارٹی کے سائٹس کے لنکس کو "جیسے ہے" کی بنیاد پر فراہم کیا جاتا ہے، عام مارکیٹ کی تفسیر کے طور پر، اور سرمایہ کاری کے مشورے کو تشکیل نہ دیں۔ اس حد تک کہ کسی بھی کانٹینٹ کو سرمایہ کاری کی تحقیقات کے طور پر سمجھا جاتا ہے، آپ کو نوٹ کرنا اور قبول کرنا ہوگا کہ یہ کانٹینٹ سرمایہ کاری کی تحقیق کی آزادی کو فروغ دینے کے لئے ڈیزائن کردہ قانونی تقاضوں کے مطابق نہیں ہے اور تیار نہیں کیا گیا ہے، اسی طرح، اس پر غور کیا جائے گا بطور متعلقہ قوانین اور ضوابط کے تحت مارکیٹنگ مواصلات۔ براہ کرم یقینی بنائیں کہ آپ غیر آزاد سرمایہ کاری سے متعلق ہماری اطلاع کو پڑھ اور سمجھ چکے ہیں۔ مذکورہ بالا معلومات کے بارے میں تحقیق اور رسک وارننگ ، جس تک رسائی یہاں حاصل کی جا سکتی ہے۔

ہم کوکیز کا استعمال آپکو ہماری ویب سائٹ پر بہتریں تجربہ دینے کیلیے کرتے ہیں۔ مزید پڑھیے یا اپنی کوکی سیٹنگ تبدیل کیجیے۔

خطرے کی انتباہ: آپکا سرمایہ خطرے پر ہے۔ ہو سکتا ہے کہ لیورج پروڈکٹ سب کیلیے موزوں نہ ہوں۔ براہ کرم ہمارے مکمل رسک ڈسکلوژر کو پڑھیے۔