Continental Raises 2026 Outlook on Tyre Demand
Continental raised its profitability outlook for 2026 following strong demand for high margin tyres. The German car parts supplier beat third quarter earnings expectations despite rising raw material costs.
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CONTINENTAL AG raised its full-year operating profit margin outlook to a range of 13.4% to 14% on Wednesday following strong third-quarter earnings. The upgrade by the Germany-based car parts supplier surpassed expectations, driven by solid demand for high-margin tyres. Shares rose 6% during morning trading, marking their best performance since May.
