Last €203.04 EUR
Change Today +1.14 / 0.57%
Volume 704.0K
As of 12:15 PM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

continental ag (CON) Snapshot

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01/23/15 - €206.00
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continental ag (CON) Details

Continental Aktiengesellschaft provides various products and services primarily for the automotive industry worldwide. The company’s Chassis & Safety division develops and produces electronic and hydraulic brake systems, passive safety and sensorics, advanced driver assistance systems, and chassis components. Its Powertrain division offers gasoline and diesel systems, including sensors, actuators, and tailor-made electronics; fuel supply systems; engine management and transmission control units; and systems and components for hybrid and electric drives. The company’s Interior division provides individual components, as well as integrated systems and electronics for cockpit modules; radio, navigation, and multimedia systems, as well as software solutions; and central body control units, closure systems, seat comfort systems, keyless access control and start systems, tire information systems, and outside lighting control units. This division also provides electronic products, systems, and services for commercial and special vehicles; products for specialized workshops; spare parts for the independent aftermarket; and original equipment services under the brand names of Continental, VDO, ATE, and Barum. Its Tires division develops and manufactures tires for passenger cars, trucks, buses, construction site vehicles, special vehicles, motorcycles, and bicycles under the brand names of Continental, Uniroyal, Semperit, General Tire, Viking, Gislaved, Euzkadi, Sime Tyres, Barum, Mabor, and Matador brand names. The company’s ContiTech division develops and produces air spring systems, surface materials, rubber compounds and sheets, conveyor belts, elastomer coatings, power transmission, fluid technologies, and vibration controls for passenger car and commercial vehicle, mining and printing, machinery and plant construction, aviation and aerospace, and railway engineering industries. Continental Aktiengesellschaft was founded in 1871 and is headquartered in Hanover, Germany.

168,327 Employees
Last Reported Date: 03/24/14
Founded in 1871

continental ag (CON) Top Compensated Officers

Chairman of the Executive Board and Chief Exe...
Total Annual Compensation: €1.7M
Head of Finance, Controlling, Compliance, Law...
Total Annual Compensation: €1.4M
Member of Executive Board, President of Conti...
Total Annual Compensation: €960.0K
Head of The Vehicle Dynamics Business Unit, M...
Total Annual Compensation: €390.0K
Head of Corporate Purchasing, Member of the E...
Total Annual Compensation: €960.0K
Compensation as of Fiscal Year 2013.

continental ag (CON) Key Developments

Continental Opens New R&D Centre in India

Continental has expanded its Indian research and development (R&D) centre, Technical Center India (TCI), adding a new 13,000-square-metre facility and around 1,000 engineers. To date, Continental has invested EUR 12.4 million (USD 14.3 million) in TCI, which is located at Gold Hill Supreme in Electronic City Phase II, Bangalore. The new facility houses eight hi-tech R&D labs. As part of the expansion, Continental hired 150 engineers last year; the engineers are involved in software and algorithm development for advanced driver assistance systems (ADAS). With the expansion, Continental has increased the headcount at TCI to 1,300 people, and this number is expected to increase further in the future. The move is expected to help Continental address rising demand for engineering and software development skills to support local and global R&D projects. The new centre will also help the company offer cost-effective solutions to address automotive industry needs, while promoting safe mobility. TCI is one of Continental's three global Automotive Systems and Technology hubs, which offer high-quality and cost-effective engineering solutions for chassis and safety projects of the company's various business units (including Vehicle Dynamics, Passive Safety and Sensorics, and ADAS) interior projects of the commercial vehicles and aftermarket unit, and body and security and powertrain projects of engine systems.

Continental Provides Sales Guidance for the Year 2015

Continental provided earnings guidance for the year 2015. For the year, the company expects sales to advance 5% to more than EUR 36 billion. The increase will be mainly fuelled by the increase in the number of produced passenger cars to 89 million vehicles from around 87 million. Sales increased 3.6% to about EUR 34.5 billion in 2014, which was in line with the company's projection.

Continental AG Presents at UniCredit und Kepler Cheuvreux 14th German Corporate Conference, Jan-19-2015 02:00 PM

Continental AG Presents at UniCredit und Kepler Cheuvreux 14th German Corporate Conference, Jan-19-2015 02:00 PM. Venue: Villa Kennedy, Kennedyallee 70, D-60596 Frankfurt, Germany. Speakers: Wolfgang Schafer, Chief Financial Officer and Member of the Executive Board.


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Valuation CON Industry Range
Price/Earnings 16.8x
Price/Sales 1.1x
Price/Book 3.4x
Price/Cash Flow 16.8x
TEV/Sales 0.8x

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