DGAP-Adhoc: Continental AG: Preliminary Key Data for the Second Quarter of Fiscal 2020
DGAP-Ad-hoc: Continental AG / Key word(s): Quarter Results/Preliminary Results
Continental AG: Preliminary Key Data for the Second Quarter of Fiscal 2020
20-Jul-2020 / 20:02 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.
Preliminary Key Data for the Second Quarter of Fiscal 2020
The financial results of Continental AG in the second quarter of fiscal 2020 are above current average analyst expectations. Based on preliminary data, key financial results of the second quarter of fiscal 2020 are as follows:
- Consolidated sales of the Group were €6.620 billion and the adjusted EBIT margin was -9.6%. Year-on-year sales growth before changes in the scope of consolidation and exchange-rate effects was -39.8%.
- Sales in Automotive Technologies were €2.560 billion and the adjusted EBIT margin was -18.1%. Year-on-year sales growth before changes in the scope of consolidation and exchange-rate effects was -45.6%.
- Sales in Rubber Technologies were €2.962 billion and the adjusted EBIT margin was 1.2%. Year-on-year sales growth before changes in the scope of consolidation and exchange-rate effects was -33.1%.
- Sales in Powertrain Technologies were €1.131 billion and the adjusted EBIT margin was -16.3%. Year-on-year sales growth before changes in the scope of consolidation and exchange-rate effects was -40.8%.
- Free cash flow before acquisitions and carve-out effects for the Group amounted to -€1.782 billion. This figure was -€29 million in the second quarter of fiscal 2019. The decline is primarily due to the lower EBIT figure versus the prior year period as well as negative working capital effects resulting from sales volatility in the last weeks of the second quarter. These effects are expected to reverse with an improvement in business activity.
As at June 30, 2020, the Company had liquidity reserves totaling €10.144 billion, consisting of cash and cash equivalents of €2.456 billion and committed, unutilized credit lines of €7.689 billion.
Though the business Continental AG showed substantial improvement through the course of the second quarter, the environment continues to be characterized by substantial uncertainty due to the ongoing COVID-19 pandemic. Therefore, it remains difficult to gauge possible adverse consequences on production, the supply chain and demand. For this reason, the Executive Board of Continental AG has decided to refrain from providing an outlook for the business year 2020 at this time.
The Half- Year Financial Report for 2020 will be released on August 5, 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
20-Jul-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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Language: |
English |
Company: |
Continental AG |
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Vahrenwalder Straße 9 |
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30165 Hannover |
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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: |
1097831 |
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End of Announcement |
DGAP News Service |
1097831 20-Jul-2020 CET/CEST
Die wichtigsten Finanzdaten auf einen Blick
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|
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
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INVESTOR-INFORMATIONEN |
©boersengefluester.de |
Continental |
WKN |
Kurs in € |
Einschätzung |
Börsenwert in Mio. € |
543900 |
62,360 |
Halten |
12.472,37 |
KGV 2025e |
KGV 10Y-Ø |
BGFL-Ratio |
Shiller-KGV |
8,54 |
12,74 |
0,68 |
9,49 |
KBV |
KCV |
KUV |
EV/EBITDA |
0,94 |
3,75 |
0,30 |
4,05 |
Dividende '22 in € |
Dividende '23e in € |
Div.-Rendite '23e in % |
Hauptversammlung |
1,50 |
2,20 |
3,53 |
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 |
-11,73% |
-10,20% |
-18,93% |
-5,86% |
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