27.04.2020 Continental AG  DE0005439004

DGAP-Adhoc: Continental AG: Updated Preliminary Key Data for the First Quarter of Fiscal 2020


 

DGAP-Ad-hoc: Continental AG / Key word(s): Quarter Results
Continental AG: Updated Preliminary Key Data for the First Quarter of Fiscal 2020

27-Apr-2020 / 17:20 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


The financial results of Continental AG in the first quarter of fiscal 2020 are above the expectations published in its previous communication on April 1, 2020 and above current analyst expectations. Based on preliminary data, key financial results of the first quarter of fiscal 2020 are as follows:

- Consolidated sales of the Group were €9.844 billion and the adjusted EBIT margin was 4.4%. Year-on-year sales growth before changes in the scope of consolidation and exchange-rate effects was -10.9%.

- Sales in Automotive Technologies were €4.112 billion and the adjusted EBIT margin was 1.8%. Year-on-year sales growth before changes in the scope of consolidation and exchange-rate effects was -11.5%.

- Sales in Rubber Technologies were €3.972 billion and the adjusted EBIT margin was 9.8%. Year-on-year sales growth before changes in the scope of consolidation and exchange-rate effects was -10.8%.

- Sales in Powertrain Technologies were €1.829 billion and the adjusted EBIT margin was 0.7%. Year-on-year sales growth before changes in the scope of consolidation and exchange-rate effects was -9.1%.

- Free cash flow before acquisitions and carve-out effects for the Group amounted to €59 million. This figure was -€580 million in the first quarter of fiscal 2019. The improvement versus the prior year period is primarily due to a lower level of cash outflow for working capital, as well as the cash inflow from the sale of the 50 percent stake in SAS Autosystemtechnik GmbH and a reduced level of investments.

As at March 31, 2020, the Company had cash and cash equivalents of €2.527 billion and committed unused credit lines of around €4.315 billion.

Continental AG continues to experience material changes and disruptions in a significant portion of its business due to the ongoing COVID-19 pandemic. The environment continues to be characterized by substantial uncertainty regarding the duration and severity of the disruptions and it remains difficult to gauge possible further adverse consequences on production, the supply chain and demand. Thus, the Executive Board of Continental AG has decided to refrain from providing an outlook for the business year 2020 at this time.

The financial report for the first quarter of 2020 will be released on May 7, 2020.

"Adjusted EBIT" is defined in the Glossary of Financial Terms on page 36 of the 2019 Annual Report, which is available at www.continental-ir.com.




Contact:
Person making the notification: Bernard Wang, Head of IR

27-Apr-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Continental AG
Vahrenwalder Straße 9
30165 Hannover
Germany
Phone: +49 (0)511 938-1068
Fax: +49 (0)511 938-1080
E-mail: [email protected]
Internet: www.continental-corporation.com/de
ISIN: DE0005439004
WKN: 543900
Indices: DAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg, Hanover, Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Tradegate Exchange; Luxembourg Stock Exchange, SIX
EQS News ID: 1030477

 
End of Announcement DGAP News Service

1030477  27-Apr-2020 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 40.549,50 44.009,50 44.404,40 44.478,40 37.722,30 33.765,20 39.400,00
EBITDA1,2 6.057,40 6.678,90 6.235,70 4.977,20 3.033,80 4.260,80 4.785,00
EBITDA-Marge3 14,94 15,18 14,04 11,19 8,04 12,62 12,14
EBIT1,4 4.095,80 4.561,50 4.027,70 -268,30 -718,10 1.845,80 2.060,00
EBIT-Marge5 10,10 10,36 9,07 -0,60 -1,90 5,47 5,23
Jahresüberschuss1 2.882,00 3.048,30 2.958,30 -1.225,00 -918,80 1.506,90 1.660,00
Netto-Marge6 7,11 6,93 6,66 -2,75 -2,44 4,46 4,21
Cashflow1,7 4.938,10 5.220,50 4.977,20 4.414,40 2.714,00 2.954,40 0,00
Ergebnis je Aktie8 14,01 14,92 14,49 -6,13 -4,81 7,28 7,80
Dividende8 4,25 4,50 4,75 3,00 0,00 2,20 2,50
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Continental
WKN Kurs in € Einschätzung Börsenwert in Mio. €
543900 69,280 Halten 13.856,41
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
7,70 13,24 0,58 8,18
KBV KCV KUV EV/EBITDA
1,18 4,69 0,41 5,59
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,00 2,20 3,18 27.04.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
11.05.2022 09.08.2022 10.11.2022 21.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
0,70% -12,81% -25,59% -32,05%
    
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Automobilzulieferer , 543900 , CON , XETR:CON