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Continental AG (CONG.DE)

CONG.DE on Xetra

120.20EUR
19 Jul 2019
Change (% chg)

€3.30 (+2.82%)
Prev Close
€116.90
Open
€118.10
Day's High
€121.06
Day's Low
€117.94
Volume
911,985
Avg. Vol
671,552
52-wk High
€200.50
52-wk Low
€112.46

Latest Key Developments (Source: Significant Developments)

Continental AG Could Delay Powertrain Unit IPO - CFO
Thursday, 9 May 2019 04:10am EDT 

May 9 (Reuters) - Continental CFO::WE SEE NEUTRAL DEVELOPMENT IN DELIVERY REQUESTS FROM CARMAKERS IN Q2, TOO EARLY TO TALK ABOUT Q3.WE WILL NOT DO ANY LARGER TAKEOVER IN SHORT TERM.IPO OF POWERTRAIN UNIT COULD COME LATER IF MARKETS ARE NOT IN SHAPE FOR IT.Q1 ORDERS OF 9 BILLION EUR AT AUTOMOTIVE GROUP STILL ENOUGH TO REACH OUR TARGETS.  Full Article

Continental: Powertrain Business Prepares For Planned Partial IPO
Tuesday, 30 Apr 2019 06:15am EDT 

April 30 (Reuters) - CONTINENTAL AG ::POWERTRAIN STARTS LIFE AS AN INDEPENDENT COMPANY.TECHNOLOGY COMPANY’S POWERTRAIN BUSINESS TO TRADE UNDER THE NAME OF VITESCO TECHNOLOGIES.PREPARATIONS ON SCHEDULE FOR PLANNED PARTIAL IPO IN SECOND HALF OF 2019; COMPANY COULD BEGIN TRADING IN 2020.  Full Article

We Know Shareholders Expect Stable Dividend - Conti CFO
Monday, 14 Jan 2019 08:30am EST 

Jan 14 (Reuters) - Continental AG CFO Wolfgang Schäfer::WE DO NOT NEED DRASTIC RESTRUCTURING MEASURES BECAUSE OF SLOWDOWN IN AUTO MARKET.WE CONSTANTLY WORK ON LOWERING COSTS.WE ARE AWARE THAT SHAREHOLDERS EXPECT STABLE DIVIDEND IN LIGHT OF LOWER SHARE PRICE.  Full Article

Continental Invests In New Equipment And Facility Upgrades In Winchester, Virginia
Monday, 5 Nov 2018 08:49am EST 

Nov 5 (Reuters) - CONTINENTAL AG ::INVESTS IN NEW EQUIPMENT AND FACILITY UPGRADES IN WINCHESTER, VIRGINIA.INVESTMENT OF $10.3 MILLION FOR BUILDING EXPANSION AND NEW EQUIPMENT.  Full Article

Press Release - Cooper Standard to divest anti-vibration systems business
Friday, 2 Nov 2018 08:30am EDT 

Nov 2 (Reuters) - Cooper-Standard Holdings Inc ::PRESS RELEASE - COOPER STANDARD TO DIVEST ANTI-VIBRATION SYSTEMS BUSINESS.COOPER STANDARD TO DIVEST ANTI-VIBRATION SYSTEMS BUSINESS.COOPER-STANDARD HOLDINGS INC - REACHED AN AGREEMENT REGARDING DIVESTITURE OF ITS ANTI-VIBRATION SYSTEMS (AVS) BUSINESS TO CONTINENTAL AG.COOPER-STANDARD - DEAL INCLUDES BINDING OFFER FROM CONTINENTAL AG TO PURCHASE SUBSTANTIALLY ALL OF COOPER STANDARD'S ANTI-VIBRATION BUSINESS IN FRANCE.COOPER-STANDARD - DEAL INCLUDES BINDING OFFER FROM CONTINENTAL AG TO PURCHASE SUBSTANTIALLY ALL OF CO'S RESPECTIVE INTEREST IN JOINT VENTURE IN INDIA.  Full Article

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

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