Continental AG (CHIX:CONd)
€ 61.09 0 (0%) Market Cap: 12.20 Bil Enterprise Value: 17.51 Bil PE Ratio: 16.99 PB Ratio: 0.88 GF Score: 73/100

Continental AG at Deutsche Bank Global Auto Industry Conference (Virtual) - Second Day Transcript

Jun 11, 2020 / 01:15PM GMT
Release Date Price: €86.3 (-6.24%)
Tim Rokossa
Deutsche Bank AG, Research Division - Research Analyst

Hello, everyone. For those of you on this call that don't know me, my name is Tim Rokossa, and I'm in charge of DB's global automotive product, focusing on the European side of things mainly. It is my pleasure today to welcome Nikolai Setzer, the Automotive CEO of Continental. Niko is a home-grown company executive who joined the group in 1997. He originally climbed the ranks in the Tire division of the business where he already held various executive positions for a number of years before becoming the Automotive CEO in April last year.

Niko, yesterday, I discussed with Mr. Degenhart, your Group CEO. So today, we're going to dive into a few more details of the automotive business. And I'd like to structure this into 3 parts, really. The first one is just short-term demand and production trends. Secondly, maybe talking a little bit about the restructuring you have ongoing and the more-to-come stuff that Mr. Degenhart already alluded to yesterday. And then finally, some takeaways from this crisis and also latest technology trends

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