Monica Raymunt

3 days ago | financialpost.com | Monica Raymunt

Article content(Bloomberg) — Continental AG lowered a profitability target for the year due to rising costs from US President Donald Trump’s tariffs as the German automotive supplier forges ahead with a plan to dismantle itself. Sign In or Create an AccountArticle contentContinental now sees an adjusted Ebit margin of as much as 11% for fiscal 2025, from as high as 11.5% previously, it said Tuesday ahead of an investor meeting in Frankfurt.

3 days ago | bloomberg.com | Monica Raymunt

Nikolai Setzer(Bloomberg) -- Continental AG lowered a profitability target for the year due to rising costs from US President Donald Trump’s tariffs as the German automotive supplier forges ahead with a plan to dismantle itself. Continental now sees an adjusted Ebit margin of as much as 11% for this fiscal year, from as high as 11.5% previously. The change reflects lower revenue at its ContiTech industrial unit and the impact of US levies on the tires business.

3 days ago | news.bloomberglaw.com | Monica Raymunt

Continental AG lowered a profitability target for the year due to rising costs from US President Donald Trump’s tariffs as the German automotive supplier forges ahead with a plan to dismantle itself. Continental now sees an adjusted Ebit margin of as much as 11% for fiscal 2025, from as high as 11.5% previously, it said Tuesday ahead of an investor meeting in Frankfurt.

1 week ago | bloomberg.com | Monica Raymunt

Der Autozulieferer Continental plant eine weitreichende Aufspaltung und reiht sich damit in die Liste deutscher Traditionsunternehmen ein, die diesen Schritt gehen. Dies unterstreicht den zunehmenden Druck, agiler zu werden, um strukturelle Herausforderungen im Inland zu bewältigen und dem wachsenden Wettbewerb im Ausland zu begegnen. Das Hannoveraner Unternehmen — dessen Wurzeln bis in die Produktion von Gummipuffern für Pferdehufe im 19.

1 week ago | bloomberg.com | Monica Raymunt

Continental AG intends to become the latest German manufacturing stalwart to dismantle itself(Bloomberg) -- Continental AG intends to become the latest German manufacturing stalwart to dismantle itself, highlighting the pressure to become more agile to weather structural issues at home and respond to mounting competition abroad.