Continental raises 2026 outlook on tyre business strength
Nov 4 (Reuters) - German car parts supplier Continental CONG.DE raised its profitability outlook for 2026 on Wednesday, citing a positive performance of its tyre business.
The company now expects a full-year operating profit margin of 13.4% to 14%, excluding the discontinued ContiTech operations, up from a previous range of 12% to 13.5%.
A company-provided analyst consensus had forecast a full-year operating margin of 13.7% on average.