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CTTAF / Continental: We Remain On The Sidelines

Continental: We Remain On The Sidelines
2023 guidance was confirmed on all items. However, we need some results on margin in the Automotive division. Positive price/mix evolution on tires with ongoing pressure on working capital. We believe inflation recoveries will show a bigger effect in Q3. Here at the Lab, we decided to stay on the cautious side. On a P/E basis and based on a higher dividend yield, we prefer Michelin. Read More
Posted: Jul 11 2023, 07:19
Author Name: Seeking Alpha
Views: 080811

CTTAF News  

Continental: We Remain On The Sidelines

By Seeking Alpha
July 11, 2023

Continental: We Remain On The Sidelines

2023 guidance was confirmed on all items. However, we need some results on margin in the Automotive division. Positive price/mix evolution on tires wi more_horizontal

Continental: Looking Ahead After The Q2 Results

By Seeking Alpha
September 7, 2022

Continental: Looking Ahead After The Q2 Results

Energy crisis and product mix will not play in favour of Continental. The latest tire data from Michelin might be supportive, but Continental's automo more_horizontal


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