International Companies

Continental smashes Q3 forecasts, but cuts sales guidance

By Benjamin Chiou

Date: Monday 11 Nov 2024

(Sharecast News) - Shares in Continental surged in Frankfurt on Monday after the German auto parts and tyres manufacturer beat estimates with third-quarter profits, as investors shrugged off its move to cut sales guidance for the full year.
Despite sales dipping 4% year-on-year in the three months to 30 September to...

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