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Investegate |Continental AG Announcements | Continental AG: Continental announces preliminary key data for the first quarter of 2021


DGAP-Ad-hoc: Continental AG / Key word(s): Preliminary Results/Quarter Results
Continental announces preliminary key data for the first quarter of 2021
23-Apr-2021 / 12:20 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 2021 are above current average analyst expectations. Based on preliminary data, key financial results of the first quarter of fiscal 2021 are as follows: 
Consolidated sales of the Continental Group were €10.259 billion (Q1 2020: €9.913 billion) and the adjusted EBIT margin was 8.1%. Due to the intended spin-off of Powertrain Technologies, IFRS 5 Non-current Assets Held for Sale and Discontinued Operations has been applied. Due to this application, depreciation ceased for discontinued ....

Bernard Wang , Continental Ag , Continental Group , Powertrain Technologies , Assets Held , Discontinued Operations , Automotive Technologies , Rubber Technologies , Autonomous Mobility , Financial Terms , பெர்னார்ட் வாங் , கண்டம் குழு , போவேர்திறைந் தொழில்நுட்பங்கள் , சொத்துக்கள் கட்டுப்பாட்டில் , நிறுத்தப்பட்டது செயல்பாடுகள் , தானியங்கி தொழில்நுட்பங்கள் , ரப்பர் தொழில்நுட்பங்கள் , தன்னாட்சி இயக்கம் , நிதி விதிமுறை ,

Continental : announces preliminary key data for the first quarter of 2021


Continental announces preliminary key data for the first quarter of 2021
23-Apr-2021 / 12:20 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 2021 are above current average analyst expectations. Based on preliminary data, key financial results of the first quarter of fiscal 2021 are as follows:?
Consolidated sales of the Continental Group were ?10.259?billion?(Q1 2020: ?9.913 billion) and the adjusted EBIT margin was?8.1%. Due to the intended spin-off of Powertrain Technologies, IFRS 5 Non-current Assets Held for Sale and Discontinued Operations has been applied. Due to this application, depreciation ceased for discontinued operations starting March 16, 2021. Without this application, the adjusted EBIT margin would h ....

Bernard Wang , Continental Ag , Continental Group , Powertrain Technologies , Assets Held , Discontinued Operations , Automotive Technologies , Rubber Technologies , Autonomous Mobility , Financial Terms , பெர்னார்ட் வாங் , கண்டம் குழு , போவேர்திறைந் தொழில்நுட்பங்கள் , சொத்துக்கள் கட்டுப்பாட்டில் , நிறுத்தப்பட்டது செயல்பாடுகள் , தானியங்கி தொழில்நுட்பங்கள் , ரப்பர் தொழில்நுட்பங்கள் , தன்னாட்சி இயக்கம் , நிதி விதிமுறை ,