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Continental 1Q: “Buy” but work to do to hit guidance – analysts

Author: Chris Anthony Comments: 0
Cap: Source: Jefferies

Rating Continental shares as “buy” financial analysts at Jefferies responded to Continental AG’s first quarter 2024 financial results by noting that Conti has “a lot of work to do in the remaining three quarters” to reach its projected results. Continental AG’s first quarter sales 2024 were -5 per cent year-on-year and margins are “in line with pre-released numbers”.

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