Continental AG (CTTAY)

Profile

• URL: http://www.continental-corporation.com
• Investor Relations URL: http://www.continental-corporation.com/www/portal_com_en/themes/ir/
• HQ State/Province: N/A
• Sector: Consumer Cyclical
• Industry: Auto Parts
• Equity Style: Large Cap/Value
• Next Earnings Release: Mar. 05, 2021
• Last Earnings Release: Nov. 11, 2020
• Next Ex-Dividend Date: N/A
• Last Ex-Dividend Date: Jul. 15, 2020
• Description: Continental is a global auto supplier and tiremaker. Operations include chassis and safety, powertrain (Vitesco after the spin-off to shareholders), interior, tires, and ContiTech, which uses rubber in industrial and automotive components and systems. Last year, automotive group revenue was 60% of Continental's total business while the rubber group was 40% (tires 27% and ContiTech 13%). Continental's largest markets are Europe excluding Germany, North America, and Asia, accounting for about 30%, 26%, and 22% of 2019 revenue, respectively. On its own, Germany accounted for 19% of revenue. The company's top five customers are Daimler, Fiat Chrysler, Ford, the Renault-Nissan-Mitsubishi alliance, and Volkswagen, representing about 39% of total revenue.