Cars Continental Share Jumps to numbers to the DAX top - Continental lowers outlook 2021
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The flagship Bentley Continental GT Speed is an ideal car for exploring a disused nuclear weapons facility, as we discover.Rewind two years and the last Bentley event I attended was in Monaco. We stayed in the decadent Hotel de Paris on Casino Square and wafted along the Côte d’Azur in a then-new Flying Spur.
The automotive supplier Continental has lowered its outlook for the current financial year due to delivery bottlenecks.
Thecompany expects consolidated sales of approx. 32.5 to 33.5 billion euros instead of 33.5 to 34.5 billion euros. The adjusted EBIT margin expects 5.2 to 5.6 percent instead of 6.5 to 7 percent.
The previous forecast was based on an expected growth of the global production of car and light commercial vehicles between 8 and 10 percent. Meanwhile,assumes that global production will be in a range of plus or minus 1 percent above or below the previous year's level. In addition, the negative impact of the cost increase for important supplies, including electronics and electromechanical components for Automotive Technologies, raw materials for Rubber Technologies as well as energy and logistics increased significantly.
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For over 30 years, there has been the DAX - again and again the course reaches new record values or goes on descent. Recalls also give course values for the time before the actual creation of the DAX. Which were the five best years of the DAX? © Provided by finanzen.net Daniel Roland / AFP / Getty Images • Some of the best DAX years were in the middle of a recession • Shortly before the Asian crisis, the DAX once again experienced the best values • Reopening of the stock exchange after t
Continental shares jump to numbers to the DAX peak
The stocks of Continental are jumped on Friday after quarterly numbers and despite the annual prognosis lowered because of the general chipmangel to theMarktxperte Andreas Lipkow from tip. At times, the papers of the car supplier Via Xetra rose by 3.5 percent to 101.60 euros.
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