Continental (CON GY) prelim. FY25 based on Q4 results (EUR): Sales 19.7bln (guided 19.5-21bln), adj. EBIT margin 13.6% (guided 12.5-14%), ContiTech sales c. 6bln (guided 6-6.5bln), ContiTech adj. EBIT margin c. 4.9% (guided 6-7%)
Importance
Level 1
- ContiTech: "The lower-than-expected earnings are mainly due to the lack of market recovery in the past quarter, transformation expenses, currency and valuation effects, and the deferral of certain earnings-safeguarding measures to subsequent quarters."
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