You are here: / / / Conti predicts 1 billion euro free cash flow, EU-bottom out soon

Conti predicts 1 billion euro free cash flow, EU-bottom out soon

Author: Tyrepress Editors Comments: 0

Continental AG expects its full-year 2012 free cash flow to come in at around 1 billion euros. Speaking at an investor’s presentation in New York, Conti CEO Dr Elmar Degenhart upped its previous assessment of about 750 million euros by a third. The statement came as a surprise to financial analysts and apparently even for the CEO himself, who reportedly only found out in the last few hours.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Analysts: Conti’s 1Q Results Suggest 100% Increase in Numbers
  2. Analysts predict Schaeffler will sell more Conti stock
  3. Analysts: Schaeffler moves point to “no merger”
  4. Analysts raise Yokohama estimates
Comments
Comments closed
Share this entry
Trelleborg gets “A” grade from AGCO Fendt BEN reveals Motorcycle Rally 2013 route

We see you are visiting us from China.

If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.