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Continental AG (CONG.DE)

CONG.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Continental AG to localise safety tech production in India
Wednesday, 20 Jan 2016 07:00pm EST 

Continental AG:Announces localisation of driving safety technologies ABS and ESC production in India‍​.Passenger car ABS and ESC will be produced locally at the Continental Automotive Brake Systems plant in Gurgaon, Haryana.Says delivery of first localized ABS/ESC products by end of 2016.  Full Article

Continental AG issues FY 2016 outlook in line with analysts' estimates
Monday, 11 Jan 2016 02:30am EST 

Continental AG:Says expects for 2016 targeted increase in sales of around 5 percent to about 41 billion euros.Says aims to maintain adjusted EBIT margin again at more than 10.5 pct.FY 2016 revenue 41,399 million euros - Thomson Reuters I/B/E/S.FY 2016 EBIT margin 11.2 pct - Thomson Reuters I/B/E/S.  Full Article

Continental places eurobond with a nominal amount of 500 million euros - Reuters
Friday, 13 Nov 2015 02:36am EST 

Continental AG:Successfully placed a eurobond with a nominal amount of 500 million euros - Reuters.Bond has term of 3 years and 3 months, fixed interest rate of 0.5 percent.  Full Article

Continental AG buys German sleeve and roller maker
Tuesday, 4 Aug 2015 08:00pm EDT 

Continental AG:Acquisition of sleeve and roller manufacturer TEGU Walzen und Sleeves GmbH.All employees at Waltershausen location retained.  Full Article

Continental raises FY 2015 earnings forecast
Tuesday, 4 Aug 2015 02:30am EDT 

Continental AG:Increases FY 2015 forecast for adjusted EBIT margin to around 11 pct.  Full Article

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Fitch Affirms Michelin at 'A-'; Outlook Stable

(The following statement was released by the rating agency) LONDON/PARIS, June 08 (Fitch) Fitch Ratings has affirmed Compagnie Generale des Etablissements Michelin's (Michelin) and Compagnie Financiere Michelin SCmA (CFM) Long-Term Issuer Default Ratings (IDRs) at 'A-'. The Outlooks on the IDRs are Stable. CFM's and Michelin Luxembourg SCS's long-term senior unsecured ratings are also affirmed at 'A-'. Fitch also assigned a long-term senior unsecured rating of 'A-' to debt issued by Michelin. CF