Continental AG
CON: XETR (DEU)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€613.00 | Ntmlpd | Hfdnqjkt |
Continental Benefits From Auto Industry Trends in Connectivity, Electronics, and Safety
Business Strategy and Outlook
Considering industry trends in connectivity, electronics, and safety, we think Continental's revenue will grow by roughly 2-4 percentage points more than 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 return on invested capital, and a narrow economic moat rating.