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(new: Expert voice Dudenhöffer, 9th paragraph.)
HANNOVER (dpa-AFX) – The automotive equipment supplier and tire manufacturer
Continental
and thus arming for the future. After months of survey
the company decided to start the driving activity at the beginning of the
to separate in the new year, like Continental Wednesday in Hanover
announced. A sub-list is planned from mid-2019
possible. The company wants to control the medium long-term
The drive division contains the technology around
Internal combustion engines, but also parts for electric drives. the
The lucrative tire division remains completely in the Group
For now, because the boss of Conti Elmar Degenhart keeps a back door
open. Should there be a chance of a big buy in the future?
that the company does not want to miss, so
The tire division could at least partially become public
he said in a teleconference.
The stock first jumped to the top, the enthusiasm
but then flattened. A trader has not seen any big surprises
That's what was already expected in the market anyway. the
The stock price has recently risen by 1.3%. The group had already
once tested to outsource the company with the powertrains,
but then decided against him.
According to Conti data largest restructuring of the group of its own history
offer in the opinion of the expert Stefan Bratzel "huge
Opportunities. "From the investor's point of view, it means more out of the group,
individual divisions were given greater autonomy and were so
easier to market, said the head of
Automotive Management Market Research Center.
Amid a paradigm shift towards electronic mobility and the industry
Digitization could Conti in detention structure
focus on and strengthen forward-looking sectors –
other fields could be modeled after a so-called "bad bank"
to be sold, said the expert. Bratzel particularly emphasized the
The software orientation is crucial. "The group is doing well
but at the same time, you must do it for the future, "he said.
Continental will be run as a holding company in the future
Three pillars of business: Tire, the supplier business
as well as the training section. Divisions would be gradually and
built or adapted. Change needs
Approval of the Supervisory Board of July 26, 2018. Degenhart
Supervisors said the process was constructive
accompanied and the council counts with the consent – also from
Majority shareholder, Schaeffler industrial family
Jobs should not be removed by conversion, it was
not a "restructuring" said the Director of Human Resources Ariane
Reinhart. In the coming years, there would be thousands of others
The workers of the company need. The drive division has
excellent growth opportunities, said Degenhart. You hear yourself
Electric drives are also an interesting starting point. The division
is not a "bad bank".
The automotive industry is currently in transition. Many suppliers
and automakers reorganize to stay flexible, under
Others have also examined the changes of Daimler
It's unclear if customers will buy as many electric cars in the future
companies imagine – is the industry but under
the pressure to further reduce exhaust emissions. "In the
coming decade and after that goes through the auto industry
the world's largest and deepest change in its more than 130
Years of history, "said Degenhart. We will change this
early and anticipatory. "
" Conti pulls the plug with the combustion engine ", said
Automotive expert Ferdinand Dudenhöffer of Automotive Research Center.
The strategy is brilliant because now you can still get on the stock market
L & # 39; money. "2025 then come the renovation costs for this
Business, "he said, adding that other suppliers would like the conversion
Wake up call to prepare for the future.
The spin-off of the drive activity costs the group
Once the money and will cost about 350 million
Lead the euro. The majority of the operating costs fall into
the years 2018 and 2019. In addition, there would be taxes
The disadvantages totaling around 100 million euros and
Substantially in 2019, said Continental. the
The group's outlook for 2018 remains intact.
According to Degenhart, the money could be withdrawn from a sub-list
other things in building a battery cell workflow –
however, with solid technology, which as a technology of
the next generation applies. A decision will also be taken
According to her, it should fall only after 2020.
Should there be an interesting opportunity in the future, by a
major acquisitions, the development of software specific to the company is crucial
Strengthen, comes a partial stock market in the tire sector, but still in
Consider, says Degenhart. The manager also called the area
Mobility services as a field of investment
could / men / tst / nas / she
ISIN DE0005439004 DE000SHA0159
AXC0248 2018-07-18 / 17: 03
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