Continental AG
CON: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| wht | LOCK|??f | LOCK|$JjQ<z>K |
Continental Earnings: Resilient Financial Performance in Weak Markets, Strong Execution Continues
Continental reported flat revenue growth, organic growth of 2.6%, a 15% decline in adjusted EBIT, while adjusted free cash flow rose 8%. Significant one-off effects resulted in a net income loss. Dividend payments remain linked to adjusted profits. The sale of OESL has been contractually agreed.
