This is Continental’s first profit warning since October 2016. During the last almost two years, the company was known for delivering positive surprises. As the euro’s strength has been a phenomenon for quite a while, we are astonished that the profit warning comes now.
18 Apr 2018
Management reduces 2018 profit guidance
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Management reduces 2018 profit guidance
Continental AG (CON:WBO) | 0 0 0.6% | Mkt Cap: 45,981m
- Published:
18 Apr 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
This is Continental’s first profit warning since October 2016. During the last almost two years, the company was known for delivering positive surprises. As the euro’s strength has been a phenomenon for quite a while, we are astonished that the profit warning comes now.