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Continental AG (CONG.DE)

CONG.DE on Xetra

195.30EUR
20 Jul 2018
Change (% chg)

€-3.90 (-1.96%)
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€199.20
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€193.55
Volume
701,430
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500,348
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€257.40
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Latest Key Developments (Source: Significant Developments)

Continental Buys Czech Machine Tool Manufacturer Vúk
Tuesday, 10 Jul 2018 03:32am EDT 

July 10 (Reuters) - Continental AG ::BUYS CZECH MACHINE TOOL MANUFACTURER VÚK SPOL. S.R.O. IN OTROKOVICE.AROUND 90 VÚK EMPLOYEES TO BE TAKEN ON.  Full Article

Continental Increases Investment In DigiLens To Close To 18 Pct
Thursday, 17 May 2018 06:35am EDT 

May 17 (Reuters) - Continental AG ::CONTINENTAL INCREASES ITS INVESTMENT IN SILICON VALLEY-BASED DIGILENS TO CLOSE TO 18 PERCENT.THORSTEN-ALEXANDER KERN (CONTINENTAL) JOINS DIGILENS’ BOARD OF DIRECTORS.  Full Article

Osram Licht And Continental Sign Joint Venture Contract
Tuesday, 3 Apr 2018 04:10am EDT 

April 3 (Reuters) - OSRAM LICHT AG ::OSRAM AND CONTINENTAL SIGN JOINT VENTURE CONTRACT.JOINT VENTURE INVOLVING AROUND 1,500 EMPLOYEES SCHEDULED TO START IN THE SECOND HALF OF 2018.BOTH PARTNERS HAVE A STAKE OF 50 PERCENT.CEO FROM OSRAM, CFO FROM CONTINENTAL.SALES TARGET IN MID-TRIPLE-DIGIT-MILLION-EURO RANGE.  Full Article

Continental says no discussion of powertrain unit spin-off
Thursday, 8 Mar 2018 08:30am EST 

March 8 (Reuters) - Continental ::CFO SAYS HAVE NOT DISCUSSED POWERTRAIN DIVISION SPIN-OFF IN STRUCTURE TALKS.  Full Article

Continental And CITC Establish JV For Production Of 48-Volt Battery Systems
Wednesday, 7 Mar 2018 04:24am EST 

March 7 (Reuters) - Continental AG ::CONTINENTAL AND CITC ESTABLISH JOINT VENTURE FOR PRODUCTION OF 48-VOLT BATTERY SYSTEMS.NEW JOINT VENTURE EXPECTED TO BEGIN OPERATIONS IN MID-2018 AND OPERATE WORLDWIDE FROM CHINA.CONTINENTAL TO HOLD 60 PERCENT OF THE SHARES, 40 PERCENT WITH CHINESE AUTOMOTIVE SUPPLIER CITC.  Full Article

Continental Invests EUR 10 Mln In New, Cutting-Edge Distribution Center In Langenhagen
Wednesday, 20 Dec 2017 08:37am EST 

Dec 20 (Reuters) - CONTINENTAL AG ::INVESTS €10 MILLION IN NEW, CUTTING-EDGE DISTRIBUTION CENTER IN LANGENHAGEN.  Full Article

Continental says mandate of Hans-Juergen Duensing extended
Thursday, 28 Sep 2017 04:44am EDT 

Sept 28 (Reuters) - CONTINENTAL AG ::SUPERVISORY BOARD EXTENDS MANDATE OF MANAGEMENT BOARD MEMBER HANS-JÜRGEN DUENSING UNTIL 2023.  Full Article

Continental CFO says would not exclude M&A deal by year-end
Thursday, 3 Aug 2017 10:08am EDT 

Aug 3 (Reuters) - Continental AG :CFO says 'would not exclude' M&A announcement in remainder of 2017, otherwise 2017 would be 'first year' without M&A.  Full Article

Osram favours investing in business, M&A over buybacks
Thursday, 27 Jul 2017 07:30am EDT 

July 27 (Reuters) - Osram :CTO says LeddarTech seen with triple-digit million-euro revenue in coming years.CTO says sees LeddarTech as strategic investment.CFO says will have to see how to proceed with LeddarTech investment after taking 25 percent stake.CEO says should expect more than 100 basis points margin decline for Kulim ramp-up next year.CFO says cannot yet say whether LSS will break even next year.CEO says expect news on Continental <<>>> JV in next weeks.CEO says investing in business, M&A more of a priority than share buybacks.CEO says will bring as much premium chip production to Kulim, Malaysia, as possible.CFO says 14 percent growth estimate for Opto unit next year would be at low end of company's expectations.CEO says would like to produce infrared in Malaysia but impossible for next 3 yrs.  Full Article

Continental acquires Singapore-based mobility intelligence provider Quantum Inventions‍​
Friday, 7 Jul 2017 06:42am EDT 

July 7 (Reuters) - CONTINENTAL AG ::ACQUIRES SINGAPORE BASED MOBILITY INTELLIGENCE PROVIDER QUANTUM INVENTIONS‍​.  Full Article

Continental AG prepares powertrain for IPO in 2019

FRANKFURT, July 18 German auto supplier Continental on Wednesday said it will list its powertrain division as early as mid 2019 as part of a broader strategy overhaul to break itself up into three divisions under a holding company structure starting in 2020.