Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

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

Real-time Quote. Real-time Tradegate - 02/11 04:02:23 pm
179.862 EUR   -1.82%
02/10 CONTINENTAL : Tire plant construction to begin in 2018 in Hinds Coun..
02/10 Daimler, VW recall 1.5 million vehicles in U.S. over airbag worri..
02/10 CONTINENTAL : Selects Site in Mississippi for New Plant to Drive Its..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Continental AG Still Expects to Meet 2012 Targets

10/31/2012 | 02:25am US/Eastern

German auto parts supplier Continental AG (>> Continental AG) said Wednesday that despite increasing uncertainties, the company is confident about achieving 2012 targets, given positive developments in the first nine months of the year.

MAIN FACTS:

-Continental AG still sees a rise in sales of more than 7% to over 32.5 billion euro ($42 billion) for the full year.

-Despite a weak start to the season, Continental is aiming for sales of around 20 million winter tires, boosted by tire sales for premium cars such as BMW AG (>> Bayerische Motoren Werke AG) and Audi AG (>> Audi AG) models.

-Fourth quarter sales are expected to be around the level of third-quarter sales, which amounted to EUR8.13 billion.

-Third quarter net profit was EUR449.2 million, above analysts' expectations of EUR410 million.

-"We are currently benefiting considerably from our international positioning and compensating for the declines in southern Europe in particular with growth in North America and Asia," Chief Executive Officer Elmar Degenhart said.

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

Order free Annual Report for Continental AG

Visit http://djnweurope.ar.wilink.com/?ticker=DE0005439004 or call +44 (0)208 391 6028

Order free Annual Report for Continental AG

Visit http://djnweurope.ar.wilink.com/?ticker=US2107712000 or call +44 (0)208 391 6028

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

Stocks mentioned in the article : Continental AG, Bayerische Motoren Werke AG, Audi AG
React to this article
Latest news on CONTINENTAL AG
05:27p CONTINENTAL : Trademark Application for "NYTECHBREAKER" Filed
02/10 CONTINENTAL : Tire plant construction to begin in 2018 in Hinds County
02/10 Daimler, VW recall 1.5 million vehicles in U.S. over airbag worries
02/10 CONTINENTAL : Selects Site in Mississippi for New Plant to Drive Its Commercial ..
02/09 Higher EMEA tire volumes, lower costs drive Goodyear profit beat
02/09 CONTINENTAL : Legislators to push for infrastructure funds
02/05 CONTINENTAL : Keller Rohrback L.L.P. : Investigates Continental Airbag Recall
02/05 Timeline for Continental air bag recall issue
02/04DJContinental AG To Open New Tire Plant In Mississippi -- Update
02/04 Continental says five million vehicles worldwide may have faulty air bags
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials