Nov 6 (Reuters) - CONTINENTAL AG CONG.DE:
Q3 GROUP SALES AT 4.950 BILLION EUR VERSUS 4.924 BILLION EUR FORECAST IN COMPANY-COMPILED CONSENSUS
Q3 TYRES DIVISION SALES OF 3.5 BILLION EUR (Q3 2024: 3.5 BILLION EUR)
Q3 GROUP ADJUSTED EBIT 565 MILLION EUR VERSUS EXPECTED 468.5 MILLION EUR
NET INCOME OF MINUS 756 MILLION EUR (Q3 2024: 486 MILLION EUR)
NON-CASH SPECIAL EFFECTS FROM THE AUMOVIO SPIN-OFF AND THE PLANNED OESL SALE HAD A NEGATIVE IMPACT OF 1.1 BILLION EUR ON EBIT
CONTITECH PLANS TO INVEST MORE THAN $85 MILLION IN ITS MOUNT PLEASANT LOCATION IN IOWA, USA
IN LAST QUARTER WE ARE AIMING FOR FURTHER IMPROVEMENTS IN CASH FLOW AND AT CONTITECH - CFO
Q3 BASIC EARNINGS PER SHARE AT MINUS 3.78 EURO PER SHARE (Q3 2024: 2.43 EURO PER SHARE)
Further company coverage: CONG.DE
(Gdansk Newsroom)
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