Continental Cuts Sales Outlook

Continental cuts sales guidance, posts Q3 profit beat
German automotive and industrial supplier Continental on Monday cut its sales guidance for the second time this year, blaming weak demand in Europe and North America, even as it posted third-quarter core profit above expectations.
Continental Cuts Sales Guidance on Weakness in ContiTech Division
The German automotive supplier and tire company lowered its 2024 sales guidance for the second consecutive quarter due to subdued demand across the division.
Continental Adjusts 2024 Sales Forecast Amid Weak Demand
Continental, a German automotive and industrial supplier, has revised its sales forecast for 2024 due to low demand in Europe and North America. Despite this, it reported a strong third-quarter profit exceeding expectations.
Continental auto supplier 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 profit expectations to send its shares higher.
Continental Posts Profit Beat But Cuts Sales Outlook
Continental reported third-quarter adjusted earnings that beat analyst expectations, sending shares higher, but the auto supplier cut its 2024 sales guidance due to weak demand across its ContiTech division. The company reported Monday a third-quarter net ...
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,
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.
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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, ...
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Continental Strategy promotes Katie Wiles as firm expands in D.C.
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