Earnings this morning 👇🏼
Continental AG Q3 24 Earnings $CONTI
- Sales EU9.83B (est EU9.97B)
- Adj EBIT EU873M (est EU804.4M)
- Adj EBIT Margin 8.9% (est 7.96%)
- Automotive Rev EU4.8B (est EU4.8B)
- Lower FY Sales Outlook To Around EU39.5B To EU42B
Hannover Re $HNR1 (+3.46%) raises its profit outlook for 2024 to EUR 2.3 billion, which leads to a share price increase of 1.4 percent in pre-market trading. The profit target for 2025 is EUR 2.4 billion and is considered conservative by analysts.
Salzgitter
$SZG (+1.85%) confirms the loss of just under 198 million euros in the first nine months and is sticking to its transformation course despite possible takeover plans. The second-largest shareholder GP Günter Papenburg AG is examining an offer for the steel group, while the state of Lower Saxony remains skeptical.