Continental AG
CON: XETR (DEU)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€981.00 | Klqqwbv | Vcddphgxc |
Continental Seeks Growth by Advancing Vehicle Safety and Connectivity
Business Strategy and Outlook
Considering industry trends in connectivity, electronics, and safety, we think Continental's revenue can marginally outpace our estimated 1%-3% long-term average annual growth in global vehicle production. Above-industry-average research and development spending enables consistent product and process innovation, supporting Continental's revenue growth, healthy returns on invested capital, and our narrow economic moat rating.