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Continental AG (CONG.DE)

CONG.DE on Xetra

138.65EUR
4:35pm GMT
Change (% chg)

€4.95 (+3.70%)
Prev Close
€133.70
Open
€132.85
Day's High
€138.95
Day's Low
€130.85
Volume
775,496
Avg. Vol
795,188
52-wk High
€232.20
52-wk Low
€118.30

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Mon, Jan 14 2019

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Continental warns weaker markets, electric shift to hit margins

FRANKFURT German automotive supplier Continental AG will cut costs to compensate for a drop in profitability this year due to a downturn in car markets and the industry's costly shift from combustion engines towards electric vehicles.

UPDATE 3-Continental warns weaker markets, electric shift to hit margins

* Shares rebound after initially falling 2.2 pct (Adds CFO comment)

Continental expects margin drop as car sector undergoes change

FRANKFURT, Jan 14 German automotive supplier Continental AG on Monday forecast falling operating margins in 2019, pointing to changes and volatility in the car industry.

Continental confirms FY margin guidance amid weak China sales

FRANKFURT, Nov 8 German auto supplier Continental AG reaffirmed its outlook for a margin decline in 2018, citing warranty claims and weaker auto production in China and Europe.

Germany's Continental to build new plant in Mexico

MEXICO CITY, Nov 1 German auto supplier Continental AG said on Thursday it would invest more than 52 million euros ($59 million) in a new plant in Mexico.

Germany's Continental hires Byton's Dirk Abendroth as chief tech officer

FRANKFURT, Oct 30 Continental said on Tuesday it had hired Dirk Abendroth, a former BMW executive now employed at Chinese carmaker Byton, to become chief technology officer at the German auto supplier's Automotive division.

Exclusive: Continental AG sees third-quarter adj operating profit at around 770 million eur

HAMBURG Continental AG expects to report a decline in third-quarter adjusted operating profit to around 770 million euros ($878 million) from 1.09 billion euros, according to the auto supplier's finance chief Wolfgang Schaefer.

Exclusive: Continental AG sees third-quarter adjusted operating profit at around 770 million euros

HAMBURG Continental AG expects to report a decline in third-quarter adjusted operating profit to around 770 million euros ($878 million) from 1.09 billion euros, according to the auto supplier's finance chief Wolfgang Schaefer.

Nikkei edges up as weak yen helps mood; Continental profit warning hurts autos

TOKYO, Aug 23 Japan's Nikkei edged up on Thursday after a weak yen supported overall sentiment, but a profit warning by Germany's Continental dragged down auto stocks and tire makers.

Nikkei edges up on weak yen; Continental profit warning hurts autos

TOKYO, Aug 23 Japan's Nikkei edged up on Thursday after a weak yen supported overall sentiment, but a profit warning by Germany's Continental dragged down auto stocks and tire makers.

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