Revenue increased by 3.4% to €40.6bn while EBIT was down by 0.5% to just below €4.1bn and net earnings increased by 2.8% to €2.8bn. Based on this, management proposes a dividend of €4.25 compared to €3.75 paid for 2015. All these numbers are just ahead of our projections.
02 Mar 2017
Reasonable 2016 numbers and moderate outlook for 2017
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Reasonable 2016 numbers and moderate outlook for 2017
Continental AG (CON:WBO) | 0 0 0.6% | Mkt Cap: 45,981m
- Published:
02 Mar 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
Revenue increased by 3.4% to €40.6bn while EBIT was down by 0.5% to just below €4.1bn and net earnings increased by 2.8% to €2.8bn. Based on this, management proposes a dividend of €4.25 compared to €3.75 paid for 2015. All these numbers are just ahead of our projections.