German auto parts maker Continental slips to net loss as sales drop [Yahoo! Finance]
CONTL AG S/ADR (CTTAY)
NASDAQ:AMEX Investor Relations:
continental-corporation.com/en/investors/overview
Company Research
Source: Yahoo! Finance
results for fiscal year 2025 and outlines its outlook for the current fiscal year. Julian Stratenschulte/dpa German automotive parts maker Continental on Wednesday reported a net loss for the full year and a decline in sales. In addition, the company anticipates a decrease in sales for fiscal 2026. For fiscal 2025, the company posted a net loss of €165 million ($192 million), or €0.83 per share, compared with a profit of €1.168 billion, or €5.84 per share last year. The adjusted operating result slipped to €2.035 billion from the prior year's €2.212 billion. The company's earnings were hurt by non-cash special effects from the Aumovio spin-off and the planned OESL sale, which had a negative impact of €1.2 billion. The adjusted earnings before interest and tax (EBIT) margin was 10.3%, compared with 11% a year ago. Continental posted sales of €19.676 billion, down from €20.077 billion a year ago. For fiscal 2025, the board will pay a dividend of €2.70 per share, up €0.20 p
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