Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Xetra  >  Continental AG    CON   DE0005439004

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Continental AG : Invests $129 Million in Illinois Tire Plant

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/28/2013 | 07:37pm CEST

("Continental AG Invests EUR129M In Illinois Tire Plant" published at 1448 GMT misstated the total investment value in the headline as well as the total investment value and breakdown of the investment value in the "MAIN FACTS" section, by referring to the values in euros. The values should have been denoted in dollars. The correct version follows.)

German automotive supplier Continental AG (CTTAY, CON.XE) said Monday it plans to invest in the expansion of its tire facility in Mount Vernon, Illinois, to meet increasing demand for its Continental and General brand tires.

MAIN FACTS:

-The investments will total 129 million dollars.

-Of the total investment, $95 million will be used for the expansion of the commercial vehicle tire production area, which will have a total annual production volume of more than 3 million tires.

-Furthermore, $34 million will be invested in technology and equipment for the mixing building of the facility and warehouse expansion.

-The expansion will create approximately 110 new full-time jobs altogether.

Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CONTINENTAL AG
05/24 CONTINENTAL : advances 5G technology for the connected car
05/24 CONTINENTAL : VDO will present its new tachograph DTCO 3.0
05/23 CONTINENTAL : Transmission Control System of Continental for Great Wall Motor&rs..
05/16 CONTINENTAL : Launches Series Production of Combiner Head-Up Display for Mazda
05/11 CONTINENTAL : Counting on Positive Decision on Automated Driving from Germany&rs..
05/11 CONTINENTAL : ContiTech plant will gain PVC hose line
05/09 CONTINENTAL : Increases Sales Forecast for Current Fiscal Year after Successful ..
05/09 DGAP-NEWS : Continental Increases Sales Forecast for Current Fiscal Year after S..
05/04CONTINENTAL AG : quaterly earnings release
05/03 B20 SUMMIT : Continental CEO Degenhart Advocates Research Funding Instead of Pur..
More news
Sector news : Auto, Truck & Motorcycle Parts - NEC
05/22 WEICHAI POWER : Kion raises 603 million euro to partly refinance Dematic deal
05/11 Canadian auto parts maker Magna's profit beats estimates
05/04 Wall Street earnings strength enliven investors, industrials a surprise
05/04DJToday's Top Supply Chain and Logistics News From WSJ
05/04DJDELPHI AUTOMOTIVE : Moves to Hone Its Self-Drive Focus -- WSJ
More sector news : Auto, Truck & Motorcycle Parts - NEC
News from SeekingAlpha
05/26 Valeo Still Hard On The Throttle
05/22 Disruption Creates Winners And Losers
05/09 Continental AG ADR 2017 Q1 - Results - Earnings Call Slides
05/09 Continental's (CTTAY) Management on Q1 2017 Results - Earnings Call Transcrip..
05/09 Continental reports Q1 results
Advertisement
Financials (€)
Sales 2017 43 725 M
EBIT 2017 4 879 M
Net income 2017 3 221 M
Debt 2017 2 787 M
Yield 2017 2,36%
P/E ratio 2017 12,47
P/E ratio 2018 11,30
EV / Sales 2017 0,97x
EV / Sales 2018 0,89x
Capitalization 39 841 M
More Financials
Chart CONTINENTAL AG
Duration : Period :
Continental AG Technical Analysis Chart | CON | DE0005439004 | 4-Traders
Full-screen chart
Technical analysis trends CONTINENTAL AG
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 217 €
Spread / Average Target 8,7%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Elmar Degenhart Chairman-Executive Board
Wolfgang W. Reitzle Chairman-Supervisory Board
Wolfgang Schäfer Head-Finance, Controlling, Compliance, Law & IT
Karsten Michels Head-Systems & Technology
Michael Iglhaut Member-Supervisory Board
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CONTINENTAL AG8.44%44 531
DENSO CORP-6.04%33 910
HYUNDAI MOBIS CO., LTD..--.--%24 525
DELPHI AUTOMOTIVE PLC28.63%23 440
VALÉO18.92%17 350
MAGNA INTERNATIONAL IN..3.12%17 124
More Results