Continental Cuts Sales Outlook

Continental Cuts Sales Outlook Again on ContiTech Weakness
The auto supplier lowered its 2024 sales guidance after its ContiTech division continued to suffer weak industrial demand in Europe and North America, and cautioned that it didn’t expect a recovery in the fourth quarter.
Continental Stock Up On Strong Q3 Profit; Cuts FY24 Sales View
Shares of Continental AG were gaining around 7 percent on the German trading after the automotive parts maker reported Monday
Continental Trims Sales Outlook on Muted Industrial Demand
Continental AG slightly lowered its sales outlook for the year due to weak demand from industry clients in Europe and North America.
Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
The auto supplier posted third-quarter adjusted earnings that beat analyst expectations, sending shares higher, but lowered its 2024 sales guidance after its ContiTech division continued to suffer weak industrial demand.
Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure -- Update
Continental reported higher quarterly earnings as cost cuts and strong results at its key automotive and tires divisions mitigated revenue pressures and weakness at its ContiTech unit. The German automotive supplier and tire company cut its full-year sales guidance for the second consecutive quarter on a worse-than-expected ContiTech performance,
Auto supplier Continental cuts sales guidance, but shares rise on profit beat
German automotive and industrial supplier Continental cut its annual sales guidance for the second time this year on Monday, citing weak industrial demand in Europe and North America, but it beat third quarter profit expectations.
Continental Posts Profit Beat But Cuts Sales Outlook
The auto supplier posted third-quarter adjusted earnings that beat analyst expectations, sending shares higher, but lowered its 2024 sales guidance after its ContiTech division continued to suffer weak industrial demand.
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