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Continental


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Barclays, Ibstock, London Stock Exchange

EUROPE RESEARCH ROUNDUP-Barclays, Ibstock, London Stock Exchange Aug 8 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Barclays, Ibstock and London Stock Exchange, on Thursday. HIGHLIGHTS * Barclays BARC.L : HSBC raises target price to 310p from 290p * Ibstock IBST.L : Berenberg raises target price to 200p from 150p * London Stock Exchange LSEG.L : HSBC raises target price to 9,400p from 8,800p * Persimmon PSN.L : JP Morgan raises
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Continental: in discussion with Volkswagen on Rivian joint venture

Continental: in discussion with Volkswagen on Rivian joint venture Aug 7 (Reuters) - Continental CONG.DE is involved in discussions with Volkswagen and its software unit Cariad on how it could contribute to the carmaker's new joint venture with EV maker Rivian RIVN.O , Continental's Chief Executive said on Wednesday. "We are strongly there and more than happy to support with our platforms going forward...
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Continental: focusing on boosting sales to Chinese customers

Continental: focusing on boosting sales to Chinese customers BERLIN, Aug 7 (Reuters) - Continental CONG.DE is looking to raise the proportion of its sales in China to local customers, despite the Chinese market not growing as fast as previously thought, executives said on Wednesday. "We are focusing clearly on the Chinese OEMs," Chief Executive Nikolai Setzer said on a call with investors following second quarter results.
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Continental rises on Q2 profit, margin beat

BUZZ-Continental rises on Q2 profit, margin beat ** Continental shares rise 3% in early Frankfurt trade after the German automotive supplier's Q2 results beat expectations ** Q2 adjusted EBIT came in at 704 million euros, up 40.6%. Its margin was 7.0%, above expectations of analysts polled by the company of 6.5% ** Although Continental lowered its 2024 outlook on weaker passenger car demand in Europe and North America, it was broadly in line with a consensus for the automotive sector, J.P.
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Continental promises stronger second half as cost-cutting measures sink in

UPDATE 4-Continental promises stronger second half as cost-cutting measures sink in Q2 profits up 40%, beating expectations Sales outlook lowered amid dampened demand Cost-cutting measures starting to take effect: CFO Shares up 5% Adds detail from investor call in paragraphs 1-4 By Victoria Waldersee and Andrey Sychev BERLIN, Aug 7 (Reuters) - Continental CONG.DE delivered better-than-expected results on Wednesday and said the second half of the year would be even stronger as cost-cutting and re
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Continental cuts outlook on weaker European, North American markets

REFILE-Continental cuts outlook on weaker European, North American markets Corrects paragraph 1 day of the week to Wednesday Aug 7 (Reuters) - Continental CONG.DE reported adjusted earnings above analysts' expectations in second-quarter results on Wednesday but lowered its annual outlook because of weaker demand for passenger cars in Europe and tyre replacement in North America.
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Schaeffler not interested in Conti auto division, CEO tells paper

Schaeffler not interested in Conti auto division, CEO tells paper BERLIN, Aug 6 (Reuters) - German machine and car parts maker Schaeffler SHA_p.DE is not interested in a takeover of Continental's automotive division, CEO Klaus Rosenfeld told the Handelsblatt newspaper on Tuesday, adding that the company had "completely other priorities". Continental said on Monday it was exploring a spin-off of its automotive division, which has been struggling for several years with low profitability.
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Companies sell their businesses in Russia

FACTBOX-Companies sell their businesses in Russia Adds HSBC, Danone, Hugo Boss, updates Yandex Aug 6 (Reuters) - Some Western companies have sold their Russian assets or handed them over to local managers to comply with sanctions over the war in Ukraine and respond to threats from the Kremlin that it may seize foreign-owned assets. Below are some companies that have sold their businesses in Russia, divided by sector: AUTOS Continental CONG.DE sold its Russian tyre plant to holding company S8 Cap
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Continental breakup tracks novel M&A route

BREAKINGVIEWS-Continental breakup tracks novel M&A route The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Neil Unmack LONDON, Aug 6 (Reuters Breakingviews) - The planned breakup of Continental CONG.DE may pave the way for a new M&A route. The 11 billion euro manufacturer is considering spinning off its struggling car parts unit, a move that will highlight the value in its healthier tyres division.
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Financial Times - Aug 6

PRESS DIGEST-Financial Times - Aug 6 Aug 6 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Glencore ordered to pay $152 million to resolve Swiss bribery probe - Mars in talks to buy $22 billion Pringles maker Kellanova - Continental considers floating its core automotive business - Elon Musk files new lawsuit against OpenAI and Sam Altman - EU capitals set to back tariffs on Chinese el
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Continental CEO: See Automotive As Company Fit For Capital Markets By End 2025

BRIEF-Continental CEO: See Automotive As Company Fit For Capital Markets By End 2025 Aug 5 (Reuters) - Continental AG CONG.DE : CONTINENTAL: WILL POSTPONE CARVE-OUT OF UX DIVISION FOR THE FORESEEABLE FUTURE CONTINENTAL CEO: SEE AUTOMOTIVE AS COMPANY FIT FOR CAPITAL MARKETS BY END 2025 CONTINENTAL DIVISION HEAD: BENEFIT IS BIGGER OPPORTUNITIES FOR P
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Continental trims losses as it mulls automotive biz spin-off

BUZZ-Continental trims losses as it mulls automotive biz spin-off Updates ** Shares of Continental CONG.DE off lows after the German auto parts and tyre maker said it is examining the spin-off and subsequent listing of its automotive unit ** Shares are down around 1.6%, paring losses after being down as much as 4.3% in early trading ** Continental
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Continental trims losses as it mulls automotive biz spin-off

BUZZ-Continental trims losses as it mulls automotive biz spin-off ** Shares of Continental CONG.DE spike higher after the German auto parts maker said it is examining the spin-off and subsequent listing of its automotive unit ** Shares are down around 1.6%, pairing losses after being down as much as 4.3% in early trading ** Continental has been str
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Continental considers spinning off its automotive business

UPDATE 2-Continental considers spinning off its automotive business Executive board decision expected in Q4 Plan possibly finalised by end of 2025 Required steps already being prepared Writes through with details after analyst call By Ilona Wissenbach and Alexander Hübner BERLIN, Aug 5 (Reuters) - Continental CONG.DE is considering a spin-off and subsequent listing of its automotive unit on the Frankfurt stock exchange, with an executive board decision expected in the fourth quarter, the German
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Continental looks into automotive unit spin-off, to decide in Q4

Continental looks into automotive unit spin-off, to decide in Q4 BERLIN, Aug 5 (Reuters) - Continental CONG.DE is looking into a spin-off and subsequent 100% public listing of its automotive group unit on the Frankfurt stock exchange, the German auto parts and tires maker said on Monday. The executive board is expected to decide on the spin-off in the fourth quarter on the basis of the evaluation, Continental said in a statement.
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Continental Evaluates Spin-Off And Public Listing Of Automotive Group Sector

BRIEF-Continental Evaluates Spin-Off And Public Listing Of Automotive Group Sector Aug 5 (Reuters) - CONTINENTAL AG CONG.DE : CONTINENTAL EVALUATES SPIN-OFF OF AUTOMOTIVE GROUP SECTOR AND PREPARES IMPLEMENTATION HAS DECIDED TO EVALUATE IN DETAIL A SPIN-OFF WITH SUBSEQUENT 100% PUBLIC LISTING OF AUTOMOTIVE GROUP SECTOR ON FRANKFURT STOCK EXCHANGE AS
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Germany corporate earnings week ahead

DIARY-Germany corporate earnings week ahead Aug 2 (Reuters) - Diary of Germany (.GDAXI) corporate earnings for the week ahead GERMANY EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 05-Aug-2024 BMO IFXGn.DE Infineon Technologies AG Q3 2024 Infineon Technologies AG Earnings Release 06-Aug-2024 05:30 BAYGn.DE Bayer AG Q2 2024 Bayer AG Earnings Release 06-Aug-2024 05:00 ZALG.DE Zalando SE Q2 2024 Zalando SE Earnings Release 07-Aug-2024 NTS ENR1n.DE Siemens Energy AG Q3 2024 Siemens
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Pyrum and Continental Agree To Long-Term Acceptance Of Recovered Carbon Black

BRIEF-Pyrum and Continental Agree To Long-Term Acceptance Of Recovered Carbon Black July 30 (Reuters) - PYRUM INNOVATIONS AG PYRG.DE : PYRUM AND CONTINENTAL CONCLUDE FRAMEWORK AGREEMENT FOR LONG-TERM ACCEPTANCE OF RECOVERED CARBON BLACK AGREEMENT COVERS RCB PURCHASE QUANTITIES FOR AT LEAST TWO PYRUM PLANTS, WITH A TERM OF TEN YEARS IN ADDITION, CONTINENTAL HAS AGREED TO MAKE AN ADVANCE PAYMENT FOR FUTURE RCB DELIVERIES.
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Michelin's half-year operating margin increases despite instability in Europe

Michelin's half-year operating margin increases despite instability in Europe July 24 (Reuters) - French tyre maker Michelin MICP.PA reported a 4.2% drop in half-year sales on Wednesday, slightly below analysts' expectations, citing an unstable economic environment in Europe and a weak performance in the French market. But the company managed to increase its segment operating margin thanks to its pricing policy.
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Anglo American Plc, Capricorn Energy, Ericsson

EUROPE RESEARCH ROUNDUP-Anglo American Plc, Capricorn Energy, Ericsson July 15 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American Plc, Capricorn Energy and Ericsson, on Monday. HIGHLIGHTS * Anglo American Plc AAL.L : Barclays raises target price to 2740p from 2600p * Capricorn Energy CNE.L : Peel Hunt raises to add from hold * Ericsson ERICb.ST : Jefferies raises target price to SEK 82 from SEK 70 * Glencore GLEN.L : Ba
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Όροι

Δημοφιλή περιουσιακά στοιχεία

Δήλωση αποποίησης ευθύνης: Οι οντότητες του ομίλου XM Group παρέχουν υπηρεσίες σε βάση εκτέλεσης μόνο και η πρόσβαση στην ηλεκτρονική πλατφόρμα συναλλαγών μας που επιτρέπει στον ενδιαφερόμενο να δει ή/και να χρησιμοποιήσει το περιεχόμενο που είναι διαθέσιμο στην ιστοσελίδα μας ή μέσω αυτής, δε διαφοροποιεί ούτε επεκτείνει αυτές τις υπηρεσίες πέραν αυτού ούτε προορίζεται για κάτι τέτοιο. Η εν λόγω πρόσβαση και χρήση υπόκεινται σε: (i) Όρους και προϋποθέσεις, (ii) Προειδοποιήσεις κινδύνου και (iii) Πλήρη δήλωση αποποίησης ευθύνης. Ως εκ τούτου, το περιεχόμενο αυτό παρέχεται μόνο ως γενική πληροφόρηση. Λάβετε ιδιαιτέρως υπόψη σας ότι τα περιεχόμενα της ηλεκτρονικής πλατφόρμας συναλλαγών μας δεν αποτελούν παρότρυνση, ούτε προσφορά για να προβείτε σε οποιεσδήποτε συναλλαγές στις χρηματοπιστωτικές αγορές. Η πραγματοποίηση συναλλαγών στις χρηματοπιστωτικές αγορές ενέχει σημαντικό κίνδυνο για το κεφάλαιό σας.

Όλο το υλικό που δημοσιεύεται στην ηλεκτρονική πλατφόρμα συναλλαγών μας προορίζεται για εκπαιδευτικούς/ενημερωτικούς σκοπούς μόνο και δεν περιέχει, ούτε θα πρέπει να θεωρηθεί ότι περιέχει συμβουλές και συστάσεις χρηματοοικονομικές ή σε σχέση με φόρο επενδύσεων και την πραγματοποίηση συναλλαγών, ούτε αρχείο των τιμών διαπραγμάτευσής μας ούτε και προσφορά ή παρότρυνση για συναλλαγή οποιωνδήποτε χρηματοπιστωτικών μέσων ή ανεπιθύμητες προς εσάς προωθητικές ενέργειες.

Οποιοδήποτε περιεχόμενο τρίτων, καθώς και περιεχόμενο που εκπονείται από την ΧΜ, όπως απόψεις, ειδήσεις, έρευνα, αναλύσεις, τιμές, άλλες πληροφορίες ή σύνδεσμοι προς ιστότοπους τρίτων το οποίο περιέχεται σε αυτήν την ιστοσελίδα παρέχεται «ως έχει», ως γενικός σχολιασμός της αγοράς και δεν αποτελεί επενδυτική συμβουλή. Στον βαθμό που οποιοδήποτε περιεχόμενο ερμηνεύεται ως επενδυτική έρευνα, πρέπει να λάβετε υπόψη και να αποδεχτείτε ότι το περιεχόμενο δεν προοριζόταν και δεν έχει προετοιμαστεί σύμφωνα με τις νομικές απαιτήσεις που αποσκοπούν στην προώθηση της ανεξαρτησίας της επενδυτικής έρευνας και ως εκ τούτου, θα πρέπει να θεωρηθεί ως επικοινωνία μάρκετινγκ σύμφωνα με τους σχετικούς νόμους και κανονισμούς. Παρακαλούμε εξασφαλίστε ότι έχετε διαβάσει και κατανοήσει τη Γνωστοποίησή μας περί Μη ανεξάρτητης επενδυτικής έρευνας και την Προειδοποίηση ρίσκου όσον αφορά τις παραπάνω πληροφορίες, τις οποίες μπορείτε να βρείτε εδώ.

Προειδοποίηση ρίσκου: Τα κεφάλαιά σας κινδυνεύουν. Τα προϊόντα με μόχλευση ενδέχεται να μην είναι κατάλληλα για όλους. Παρακαλούμε λάβετε υπόψη σας τη Γνωστοποίηση ρίσκου.