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home / news releases / CTTAF - Continental AG: Future Growth Combined With A Legacy Business

CTTAF - Continental AG: Future Growth Combined With A Legacy Business

Contl Ag Ord

2024-07-07 10:55:07 ET

Summary

  • Continental AG shares present an attractive valuation, with Price to Earnings of 10x next year's earnings.
  • The restructuring program is expected to generate €400 million in cost savings annually from 2025.
  • 7,150 layoffs create a leaner, more focused business with operations growing in autonomous technology and industry diversification.

Thesis

For further details see:

Continental AG: Future Growth Combined With A Legacy Business
Stock Information
Company Name: Contl Ag Ord
Stock Symbol: CTTAF
Market: OTC
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