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Continental AG (CONG.DE)

CONG.DE on Xetra

203.05EUR
11:35am EDT
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Latest Key Developments (Source: Significant Developments)

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

EnPro Industries Inc to acquire veyance North-American air spring business from Continental AG
Wednesday, 3 Jun 2015 08:00am EDT 

EnPro Industries Inc:Enters agreement to acquire veyance North-American air spring business, manufacturer of goodyear air springs.Says terms were not disclosed.Says to acquire veyance North-American air spring business from Continental AG.Transaction is subject to regulatory approval in the U.S., Brazil, and Mexico and is expected to close in July.  Full Article

Elektrobit sells Automotive Business to Continental AG
Tuesday, 19 May 2015 01:01am EDT 

Elektrobit Oyj:Sells its Automotive Business to Continental AG for a purchase price of 600 million euros.Expects that transaction has a non-recurring positive effect of about 530 million euros on net profit and about 575 million euros positive effect on net cash flow in year 2015.Cancels ongoing demerger process, and it will continue to carry on Wireless business within existing Elektrobit Corporation.Will change its name to Bittium Corporation, as Elektrobit brand will be included as a part of transaction.Will continue listing on Nasdaq Helsinki with the new name.  Full Article

Continental AG raises FY 2015 sales outlook
Thursday, 7 May 2015 02:30am EDT 

Continental AG:Increases sales expectations for FY 2015 to more than 39 billion euros.  Full Article

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Continental backs higher sales target, raises dividend

BERLIN Germany's Continental AG has reinforced expectations for higher sales this year and plans to raise the dividend after posting profit near the high end of expectations.