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Revenue: €9.83b (down 4.0% from 3Q 2023).
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Net income: €486.0m (up 63% from 3Q 2023).
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Profit margin: 4.9% (up from 2.9% in 3Q 2023). The increase in margin was driven by lower expenses.
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EPS: €2.43 (up from €1.49 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Auto Components industry in Germany.
Performance of the German Auto Components industry.
The company’s shares are up 6.5% from a week ago.
Before you take the next step you should know about the 1 warning sign for Continental that we have uncovered.
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