Automotive Margin PerformanceThe 4Q24 Auto margin came in weaker than expected on lower volumes, with the FY24 Auto margin of 2.3% below guidance of 2.5-3.5%.
ContiTech PerformanceContiTech suffers from weak light vehicle production and muted industrial demand, with revenue in 1H25 expected to trend at similar levels as in 2H24.
Earnings GuidanceCON's FY25 group adjusted EBIT guidance implies approximately 8% downside versus current Visible Alpha consensus at the mid-point, with a soft revenue and margin outlook in Automotive.