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MarketScreener Homepage  >  Equities  >  Xetra  >  Continental AG    CON   DE0005439004

CONTINENTAL AG

(CON)
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Continental : aims to decide on productivity steps by year-end - CEO

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09/10/2019 | 07:35am EDT
Frankfurt hosts the international Motor Show (IAA)

FRANKFURT (Reuters) - German automotive supplier Continental AG aims to decide on measures to improve productivity by the end of the year, CEO Elmar Degenhart said on Tuesday.

There are no targets to close a specific number of sites or cut a specific number of jobs, Degenhart said ahead of the IAA auto show in Frankfurt.

He added that he did not expect a partial initial public offering of Continental's Vitesco division next year, pointing to the wider economic situation.

(Reporting by Jan Schwartz; Writing by Thomas Seythal; Editing by Madeline Chambers)

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Financials (EUR)
Sales 2019 44 518 M
EBIT 2019 3 261 M
Net income 2019 2 000 M
Debt 2019 3 586 M
Yield 2019 3,10%
P/E ratio 2019 12,7x
P/E ratio 2020 10,2x
EV / Sales2019 0,65x
EV / Sales2020 0,62x
Capitalization 25 281 M
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Technical analysis trends CONTINENTAL AG
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 27
Average target price 129,23  €
Last Close Price 126,72  €
Spread / Highest target 42,0%
Spread / Average Target 1,98%
Spread / Lowest Target -34,3%
EPS Revisions
Managers
NameTitle
Elmar Degenhart Chairman-Executive Board
Wolfgang W. Reitzle Chairman-Supervisory Board
Wolfgang Schäfer Head-Finance, Controlling, Compliance, Law & IT
Michael Iglhaut Member-Supervisory Board
Dirk Nordmann Member-Supervisory Board
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