22.08.2018 Continental AG  DE0005439004

DGAP-Adhoc: Continental AG: Revision of Guidance for Fiscal 2018


 
DGAP-Ad-hoc: Continental AG / Key word(s): Change in Forecast/Profit Warning Continental AG: Revision of Guidance for Fiscal 2018 22-Aug-2018 / 11:07 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. --------------------------------------------------------------------------- Hanover, August 22, 2018. Lowered sales expectations, cost increases and warranty claims are decreasing the adjusted operating result (adjusted EBIT) in the third quarter of 2018. At present, sales of about EUR11 billion and an adjusted operating result (adjusted EBIT) of more than EUR700 million are expected for the corporation for the period from July 1 to September 30, 2018. The aforementioned factors will also impact the fourth quarter, making it necessary to revise the guidance for 2018 as follows: * Consolidated sales this year will amount to approximately EUR46 billion before exchange-rate effects. We previously expected a figure of around EUR47 billion. We currently estimate that exchange-rate effects will negatively impact sales by about EUR1 billion in 2018. Previously the impact was estimated at more than EUR1 billion. After this revision, the adjusted operating result (adjusted EBIT) will be more than 9%. More than 10% was previously forecast. * In the Automotive Group, we expect to achieve sales of approximately EUR28 billion before negative exchange-rate effects, instead of about EUR28.5 billion as had been previously forecast. We currently estimate that exchange-rate effects will negatively impact sales in the Automotive Group by about EUR0.5 billion in 2018. The adjusted EBIT margin for the Automotive Group will be about 7% in 2018. Previously, around 8.5% had been forecast. Warranty claims will reduce the reported and the adjusted EBIT by a total of EUR150 million. * In the Rubber Group, we expect to achieve sales of around EUR18 billion before negative exchange-rate effects, instead of about EUR18.5 billion as was previously forecast. We estimate that exchange-rate effects will negatively impact sales in the Rubber Group by about EUR0.5 billion in 2018. The adjusted EBIT margin for the Rubber Group will be more than 13% in 2018. More than 14% was previously forecast. * We are reducing the guidance for free cash flow before acquisitions and before the outflow for the funding of the U.S. pension plans from about EUR2 billion to around EUR1.6 billion in 2018. * The other elements of the guidance issued on August 2, 2018, remain unchanged, namely the impact from higher raw material costs amounting to more than EUR50 million, the negative financial result of less than EUR180 million, the tax rate of approximately 25%, the negative special effects of EUR50 million, the amortization from purchase price allocations of approximately EUR180 million, and the capital expenditure ratio before financial investments of around 7%. Furthermore, for Powertrain the figures estimated in April 2017 for 2019 sales (EUR10 billion) and EBIT (EUR850 million) will no longer be achieved. They will be updated and revised in the course of the carve out of the division. The financial report for the first nine months of 2018 will be released on November 8, 2018. "Adjusted EBIT" and "EBIT" are defined in the Glossary of Financial Terms on pages 38 and 39 of the 2017 Annual Report, which is available at www.continental-ir.com. Contact: Person making the notification: Rolf Woller, Head of IR --------------------------------------------------------------------------- 22-Aug-2018 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.conti.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 End of Announcement DGAP News Service --------------------------------------------------------------------------- 716329 22-Aug-2018 CET/CEST


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 44.009,50 44.404,40 44.478,40 37.722,30 33.765,20 39.408,90 41.420,50
EBITDA1,2 6.678,90 6.235,70 4.977,20 3.033,80 4.260,80 3.966,00 4.078,90
EBITDA-Marge3 15,18 14,04 11,19 8,04 12,62 10,06
EBIT1,4 4.561,50 4.027,70 -268,30 -718,10 1.845,80 754,80 1.853,80
EBIT-Marge5 10,36 9,07 -0,60 -1,90 5,47 1,92 4,48
Jahresüberschuss1 3.048,30 2.958,30 -1.225,00 -918,80 1.506,90 112,20 1.193,90
Netto-Marge6 6,93 6,66 -2,75 -2,44 4,46 0,28 2,88
Cashflow1,7 5.220,50 4.977,20 4.414,40 2.714,00 2.954,40 2.295,50 3.327,60
Ergebnis je Aktie8 14,92 14,49 -6,13 -4,81 7,28 0,33 5,78
Dividende8 4,50 4,75 3,00 0,00 2,20 1,50 4,25
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - 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 67,220 Halten 13.444,40
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
9,21 12,85 0,71 10,23
KBV KCV KUV EV/EBITDA
1,02 4,04 0,32 4,29
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
1,50 2,20 3,27 26.04.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
08.05.2024 07.08.2024 11.11.2024 07.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-7,38% -3,48% -12,61% 2,07%
    
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