Management has turned rather cautious for the next five years and does not expect a material recovery after an expected 6% fall for the current year. For 2020, it expects the production of passenger cars and vans to be unchanged, at best.
12 Nov 2019
Unchanged car production expected for 2020 and no material recovery thereafter
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Unchanged car production expected for 2020 and no material recovery thereafter
Continental AG (CON:WBO) | 0 0 0.6% | Mkt Cap: 45,981m
- Published:
12 Nov 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
Management has turned rather cautious for the next five years and does not expect a material recovery after an expected 6% fall for the current year. For 2020, it expects the production of passenger cars and vans to be unchanged, at best.