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Continental: Why The Spin-Off Adjusted Performance Looks Far Better Than The Chart Shows
Continental Aktiengesellschaft (OTCMKTS:CTTAF - Get Free Report)'s share price was down 0.6% on Thursday. The stock traded as low as $84.40 and last traded at $87.5040. Approximately 3,043 shares traded hands during mid-day trading, an increase of 538% from the average daily volume of 477 shares. The stock had previously closed at $88.01. Continental
Continental Aktiengesellschaft (OTCMKTS:CTTAF - Get Free Report)'s share price was down 2.6% during trading on Tuesday. The stock traded as low as $76.6220 and last traded at $77.1999. Approximately 979 shares were traded during mid-day trading, an increase of 147% from the average daily volume of 397 shares. The stock had previously closed at
Continental Aktiengesellschaft (OTCPK:CTTAY) Q3 2025 Earnings Call November 6, 2025 6:30 AM EST Company Participants Max Westmeyer - Head of Investor Relations Nikolai Setzer - Chairman of the Executive Board, Chief Sustainability Officer & CEO Roland Welzbacher - CFO & Member of Executive Board Conference Call Participants Akshat Kacker - JPMorgan Chase & Co, Research Division Christoph Laskawi - Deutsche Bank AG, Research Division Horst Schneider - BofA Securities, Research Division Monica Bosio - Intesa Sanpaolo Equity Research Harry Martin - Sanford C. Bernstein & Co., LLC.
Significant research activity at the firm led to six new positions being added to the Fund while three were exited. While the quarter's performance was disappointing, we took advantage of market opportunities to increase positions in stocks where share prices diverged from our view of intrinsic value. Alten is one of a handful of companies in this space that is considered a global tier-1 service provider, which helps them tightly embed with customers in very sticky relationships.
Continental Aktiengesellschaft (OTCPK:CTTAF) Q2 2025 Earnings Conference Call August 5, 2025 6:30 AM ET Company Participants Max Westmeyer - Head of Investor Relations Nikolai Setzer - Chairman of the Executive Board, Chief Sustainability Officer & CEO Olaf Schick - Chief Financial Officer Philipp von Hirschheydt - Corporate Participant Member of Executive Board for Automotive Group Sector - Corporate Participant Roland Welzbacher - Corporate Participant Executive Board - Corporate Participant Conference Call Participants Christoph Laskawi - Deutsche Bank AG, Research Division Horst Schneider - BofA Securities, Research Division José Maria Asumendi - JPMorgan Chase & Co, Research Division Ross Alexander MacDonald - Citigroup Inc., Research Division Operator Good afternoon, ladies and gentlemen, and welcome to the Continental AG Analyst and Investor Call H1 Results 2025. [Operator Instructions] Let me now turn the floor over to your host, Max Westmeyer, Head of IR.
Continental has improved profitability through cost savings, despite revenue pressure from OEM slowdown and macroeconomic concerns, particularly in Europe and North America. The automotive segment saw significant cost reductions and some pricing measures, though platform launch delays and OEM volume declines remain challenges. The tire segment is performing well, with stabilized truck volumes and a shift towards higher-margin replacement business and high-performance tires, offsetting OEM slowdown.
Germany's Continental AG on Tuesday said it would turn its ContiTech rubber and plastics division into an independent entity that would likely be put up for sale.
Continental AG's supervisory board on Wednesday formally approved plans for spinning-off the group's automotive business, which will have cash funds of 1.5 billion euros ($1.64 billion) before the process is completed.
Continental Aktiengesellschaft (OTCPK:CTTAF) Full Year 2024 Results Earnings Conference Call March 4, 2025 6:30 AM ET Company Participants Max Westmeyer – Head, Investor Relations Nikolai Setzer – Chief Executive Officer Olaf Schick – Chief Financial Officer Conference Call Participants Michael Aspinall – Jefferies Christoph Laskawi – Deutsche Bank José Asumendi – JPMorgan Horst Schneider – Bank of America Thomas Besson – Kepler Cheuvreux Harry Martin – Bernstein Monica Bosio – Intesa SanPaolo Sanjay Bhagwani – Citi Max Westmeyer Thank you, operator, and welcome, everyone, to our Q4 and Full Year 2024 Results Presentation. Today's call is hosted by our CEO, Nikolai Setzer; and our CFO, Olaf Schick.
The Continental Aktiengesellschaft cost savings incoming are considerable on even just the admin savings and ignoring other cost lines that are being made more efficient. The blended multiple still looks too low, and the performance has improved on the back of more durable factors like a kick in of replacement demand. Issues like destocking trends with dealers are behind the company, and there appears to be a bottom found in some of the more troubled markets lately.
Continental Aktiengesellschaft (OTCPK:CTTAF) Q3 2024 Earnings Conference Call November 11, 2024 6:30 AM ET Company Participants Olaf Schick - CFO Max Westmeyer - IR Conference Call Participants Horst Schneider - Bank of America Christoph Laskawi - Deutsche Bank Monica Bosio - Intesa Sanpaolo Thomas Besson - Kepler Capital Edoardo Spina - HSBC Jose Asumendi - J.P. Morgan Operator Good afternoon, ladies and gentlemen, and welcome to the analyst and investor call Q3 results 2024 of Continental AG.
The tire manufacturing industry deserves the attention of defense minded investors looking for safe yield. Tire manufacturers' revenue and margins have been broadly stable through recent economic upsets; a tire's limited service life is independent of economic cycles. Five tire manufacturers offering yields of up to 4.1% were evaluated using a relative quality matrix with factors including valuation, growth, profitability, net debt, yield, and payout ratio.
Continental appears undervalued, with a spin-off of its automotive business potentially unlocking value; pending debt allocation details are crucial for precise valuation later on. The tyre business, comparable to Bridgestone and Michelin, shows solid margins; ContiTech also remains with the residual company. Automotive segment profits are growing due to cost reduction and strong performance in architecture, networking, safety, and motion products.
Continental AG shares jumped 10% on Thursday after the German car parts manufacturer told analysts it expects strong growth in China, paired with its push to increase its margins and cut its costs, will boost its profits in the second quarter of 2024.
Continental Aktiengesellschaft (OTCPK:CTTAF) Q1 2024 Results Earnings Conference Call May 7, 2024 6:30 AM ET Company Participants Anna-Maria Fischer - Head of Investor Relations Katja Garcia Vila - Chief Financial Officer Nikolai Setzer - Chief Executive Officer Conference Call Participants Horst Schneider - Bank of America Securities Sanjay Bhagwani - Citigroup Ross McDonald - Morgan Stanley Monica Bosio - Intesa Sanpaolo José Asumendi - J.P. Morgan Christoph Laskawi - Deutsche Bank AG Thomas Besson - Kepler Cheuvreux George Galliers - Goldman Sachs Michael Aspinall - Jefferies Anna-Maria Fischer Thank you, operator.
Continental Aktiengesellschaft (OTCPK:CTTAF) FY2023 Earnings Conference Call March 7, 2024 6:30 AM ET Company Participants Anna-Maria Fischer - Head of Investor Relations Nikolai Setzer - Chief Executive Officer Katja Garcia Vila - Chief Financial Officer Conference Call Participants Sanjay Bhagwani - Citi Christoph Laskawi - Deutsche Bank Marc-Rene Tonn - Warburg Research GmbH Thomas Besson - Kepler Cheuvreux Monica Bosio - Intesa Sanpaolo Akshat Kacker - JP Morgan Edoardo Spina - HSBC Horst Schneider - Bank of America Operator Good afternoon, ladies and gentlemen, and welcome to the Continental AG Analyst and Investor Call regarding the Results of the Fiscal Year 2023. At this time, all participants have been placed on a listen-only mode.
Continental Aktiengesellschaft (OTCPK:CTTAF) Q3 2023 Earnings Conference Call November 8, 2023 9:00 AM ET Company Participants Anna Fischer - Head of Investor Relations Katja Vila - Chief Financial Officer Conference Call Participants Horst Schneider - Bank of America Sanjay Bhagwani - Citi Tim Rokossa - Deutsche Bank Giulio Pescatore - BNP Exane José Asumendi - JPM Thomas Besson - Kepler Cheuvreux Edoardo Spina - HSBC Frank Biller - LBBW Operator Ladies and gentlemen, welcome to the Continental AG Analyst and Investor Call of the Nine Months Results 2023. At our customer request, this conference will be recorded.
Continental will integrate Google Cloud services into its vehicle cockpit system, the company said on Monday, enabling drivers to ask the vehicle for assistance such as context on nearby sights or information on the vehicle while driving.
German auto parts supplier Continental is considering the sale of the car division bundled within ContiTech, manager magazin reported on Monday, citing company sources.