Continental slips as 2026 guidance lags expectations

Continental AG

04/03/2026 08:27

** Shares in Continental CONG.DE fall 2.2% after the German car parts supplier released 2026 sales and profitability guidance below the midpoint of consensus expectations

** The company expects FY sales for tyres business between EUR 13.2-14.2 bln ($15.3-$16.5 bln) vs consensus estimate of EUR 14.0 bln

** FY adjusted operating profit margin is projected between 13.0% and 14.5% for the tyres business vs consensus estimate of 14%

** Jefferies says the focus on the analyst call will be "if there is any conservatism on tyres margin at the low end but given the strong run expect some consolidation in the shares"

** "Given a slow start to the year, the market might take a cautious view," J.P.Morgan says

($1 = 0.8625 euros)

 (Reporting by Amir Orusov)

 ((Amir.orusov@thomsonreuters.com))