Continental AG

Continental is an automotive industry supplier. Co.'s automotive divisions comprised of: Chassis & Safety, which develops and produces systems that provide safety and enhanced vehicle dynamics; Powertrain, which develops solutions for gasoline and diesel engines, as well as hybrid and electrical drive systems; and Interior, which provides solutions for information management within vehicles and networking between vehicles. Co.'s rubber divisions comprised of: Tires, which provides tires for passenger cars through trucks, buses and construction site vehicles to special vehicles, motorcycles and bicycles; and ContiTech, which develops products made from rubber and plastic.
  • Ticker543900
  • ISINDE0005439004
  • SectorAutomobiles & Parts
  • CountryGermany

Analysts

Michael Foundoukidis

ODDO : A short-lived respite?

Given still-fragile fundamentals for the industry and limited visibility, we think the recent auto supplier rally is premature. While 2019 should not have any more major unpleasant surprises in store, market expectations for 2020 still look too ambitious (~6%) in light of our scenario for production to decline further (-0.7%). On this basis, we are keeping to our cautious stance on auto suppliers. Within the segment, Plastic Omnium is still our Top Pick (Buy), while Valeo is our ...

Michael Foundoukidis

ODDO : Un répit de courte durée ?

Le récent rallye boursier des équipementiers nous semble encore prématuré face à des fondamentaux toujours fragiles et une visibilité limitée. Si l’année 2019 ne devrait plus réserver de mauvaises surprises, les attentes sur 2020 restent trop élevées (~6%) face à notre scénario de nouveau recul de la production (-0.7%). Ainsi, nous maintenons notre prudence sur les équipementiers. Au sein du segment, Plastic Omnium reste notre valeur préférée (Achat), Valeo la moins (Alléger). - - ...

Michael Foundoukidis

ODDO : Feedback from Frankfurt Motor Show (IAA 2019)

>Auto suppliers: H2 improvement confirmed but visibility still poor - From the various meetings, we received confirmation that trends over the summer were better-than-expected for auto suppliers in terms of the outperformance (Valeo, Plastic Omnium notably) and that, while production did not see a rebound, at least it stopped deteriorating and the scenario of a y-o-y contraction of 4.5/5.0% remained valid. In this context, auto suppliers should benefit from weaker vol...

Continental AG - December 2017 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Continental AG - September 2017 (LTM): Peer Snapshot

Peer Snapshot:  Continental AG - September 2017 (LTM) 20 December 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Sep-17 FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Sep-17

Continental AG: Key facts and statistics

CORPORATES ISSUER PROFILE 20 November 2017 TABLE OF CONTENTS Company overview 1 Business description 2 Company history 2 Acquisition by Schaeffler Group 3 Business divisions 3 Management strategy 5 Financial highlights 6 Capital structure and debt maturity 8 Company management 9 Ownership structure

Continental AG - June 2017 (LTM): Peer Snapshot

Peer Snapshot:  Continental AG - June 2017 (LTM) 11 September 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Jun-17 FYE Dec-15 FYE Dec-16 LTM Jun-17

Continental AG - March 2017 (LTM): Peer Snapshot

Peer Snapshot:  Continental AG - March 2017 (LTM) 7 June 2017 (in US millions) FYE Dec-15 FYE Dec-16 LTM Mar-17 FYE Dec-14 FYE Dec-15 LTM Dec-16 FYE Dec-14 FYE Dec-15 LTM Dec-16

Michael Foundoukidis

ODDO : A short-lived respite?

Given still-fragile fundamentals for the industry and limited visibility, we think the recent auto supplier rally is premature. While 2019 should not have any more major unpleasant surprises in store, market expectations for 2020 still look too ambitious (~6%) in light of our scenario for production to decline further (-0.7%). On this basis, we are keeping to our cautious stance on auto suppliers. Within the segment, Plastic Omnium is still our Top Pick (Buy), while Valeo is our ...

Michael Foundoukidis

ODDO : Un répit de courte durée ?

Le récent rallye boursier des équipementiers nous semble encore prématuré face à des fondamentaux toujours fragiles et une visibilité limitée. Si l’année 2019 ne devrait plus réserver de mauvaises surprises, les attentes sur 2020 restent trop élevées (~6%) face à notre scénario de nouveau recul de la production (-0.7%). Ainsi, nous maintenons notre prudence sur les équipementiers. Au sein du segment, Plastic Omnium reste notre valeur préférée (Achat), Valeo la moins (Alléger). - - ...

Michael Foundoukidis

ODDO : Feedback from Frankfurt Motor Show (IAA 2019)

>Auto suppliers: H2 improvement confirmed but visibility still poor - From the various meetings, we received confirmation that trends over the summer were better-than-expected for auto suppliers in terms of the outperformance (Valeo, Plastic Omnium notably) and that, while production did not see a rebound, at least it stopped deteriorating and the scenario of a y-o-y contraction of 4.5/5.0% remained valid. In this context, auto suppliers should benefit from weaker vol...

Alexandre Iatrides ...
  • Benoit Valleaux
  • Jean Sassus
  • Jerôme Bodin
  • Khaled Ben Amor
  • Louis Boujard
  • Michael Foundoukidis
  • Philippe Ourpatian
  • Roland Pfaender
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 08/08/2019

...

Alexandre Iatrides ...
  • Benoit Valleaux
  • Jean Sassus
  • Jerôme Bodin
  • Khaled Ben Amor
  • Louis Boujard
  • Michael Foundoukidis
  • Philippe Ourpatian
  • Roland Pfaender
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 08/08/2019

...

François Maury ...
  • Georges Dieng
  • Jerôme Bodin
  • Michael Foundoukidis

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 05/28/2019

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Anis Zgaya ...
  • Hana Maalej
  • Jean-François Granjon
  • Khaled Ben Amor
  • Michael Foundoukidis
  • Olfa Taamallah
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 05/28/2019

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François Maury ...
  • Georges Dieng
  • Jerôme Bodin
  • Michael Foundoukidis

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 28/05/2019

...

A double requalification allows CONTINENTAL AG to improve to Slightly Positive

CONTINENTAL AG (DE), a company active in the Tires industry, has received a double requalification by the independent financial analyst theScreener. Its fundamental valuation is now 3 out of 4 stars while its market behaviour can be considered as moderately risky. theScreener believes that the gain of a star(s) and an improvement in the market risk perception allows upgrading the general evaluation to Slightly Positive. As of the analysis date September 10, 2019, the closing price was EUR 126.30 and its potential was estimated at EUR 134.78.

Ng Adrian

Continental AG

Ng Adrian

Continental AG

Ng Adrian

Continental AG

Ng Adrian

Continental AG

Expert Corporate Governance Service (ECGS)

Continental - AGM 26 April 2019

Items 3.1-3.8: We recommend to oppose the discharge of the Management Board. The issuance of two profit warnings in financial year 2018 raises fundamental concerns over the reliability of the Management Board's forecasting ability and its communication to stakeholders. Item 4.4: We recommend to oppose the discharge of Supervisory Board member Francesco Grioli due to his insufficient attendance at Supervisory Board and committee meetings in financial year 2018. Item 5: KPMG, Hanover, is proposed as auditor for the current financial year. We have no concerns over the ratio of non-audit/audit f...

Continental – Proxinvest Corporate Governance Rating ® : D

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Expert Corporate Governance Service (ECGS)

Proxy Report - 27/04/2018

Items 4.13 and 4.20: We recommend opposing the discharge of Supervisory Board members Maria-Elisabeth Schaeffler-Thumann and Prof. KR Ing. Siegfried Wolf due to their insufficient attendance at Supervisory Board and committee meetings in financial year 2017. Item 5: KPMG, Hanover, is proposed as auditor for the current financial year. We have no concerns over the ratio of non-audit/audit fees. However, we note that KPMG or its predecessor have audited the Company since at least the financial year 1975 (no earlier data available) which significantly exceeds our maximum acceptable term of offic...

Expert Corporate Governance Service (ECGS)

Etude de l'AG du 28/04/2017

Items 4.4, 4.14, 4.18: We recommend opposing the discharge of Supervisory Board members Prof. Dr.-Ing. Peter Gutzmer, Maria-Elisabeth Schaeffler-Thumann and Elke Volkmann due to their insufficient attendance at Board meetings.Item 5: We recommend opposing the re-appointment of KPMG, Hanover, as auditor for the current financial year. KPMG has audited the Company since at least the financial year 1975 (no earlier data available) which exceeds our maximum acceptable term of office. We consider a longer term of office may impair the auditor's independence.Item 6: We recommend opposing the approva...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Add exposure to cyclicals Our positive outlook on global equities (both the MSCI ACWI and ACWI ex-US) remains intact and we believe a “buy the dip” strategy is warranted. We recommend taking advantage of recent weakness -- where applicable -- by adding exposure to cyclical Sectors. • Actionable Sectors: Consumer Discretionary and Manufacturing. Today's recommendations focus on autos, auto parts, and machinery which span the Discretionary and Manufacturing Sectors. We initially recommended adding exposure to autos and auto parts in our 3/14/19 Int'l Compass, and we view the recent mild pullb...

Matthieu DRIOL

Analyse court terme - CONTINENTAL : La reprise est une consolidation.

La tendance de fond est clairement orientée à la baisse. Le MACD est négatif, il confirme cette tendance. La reprise est une consolidation qui va buter sur 145,15 € prochainement. Le prochain objectif est à 126,75 €, puis 117,81 €. Le franchissement de 162,45 € remettrait en cause la suite de la baisse.

Matthieu DRIOL

Short term view - CONTINENTAL : Rising consolidation.

The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at €145.15. The next target is at €126.75, then €117.81. Passing €162.45 would question the continuation of the fall.

Matthieu DRIOL

Short term view - CONTINENTAL : Rising consolidation.

The background trend is clearly bearish. The negative MACD confirms the trend. The rise is a consolidation that will soon bump against the level at €145.15. The next target is at €126.75, then €117.81. Passing €162.45 would question the continuation of the fall.

Matthieu DRIOL

Analyse court terme - CONTINENTAL : La reprise est une consolidation.

La tendance de fond est clairement orientée à la baisse. Le MACD est négatif, il confirme cette tendance. La reprise est une consolidation qui va buter sur 145,15 € prochainement. Le prochain objectif est à 126,75 €, puis 117,81 €. Le franchissement de 162,45 € remettrait en cause la suite de la baisse.

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