FRANKFURT (Reuters) -Continental AG expects a "high double-digit million-euro" hit from U.S. tariffs in the second half of 2025, it said on Wednesday, adding this already factored in a retroactive cut to 15% as of August. The German automotive supplier, in a summary of a regular call with analysts and investors ahead of quarterly results, also said winter order books looked promising. Third-quarter sales at the group's key tyre division are expected to remain stable year-on-year, Continental said, adding the profit margin at the unit would come in slightly closer to the lower end of the full-year guidance. For its tyres division, Continental expects and adjusted operating profit margin of 12.5% to 14.0% in 2025. ($1 = 0.8524 euros) (Reporting by Christoph Steitz. Editing by Jane Merriman)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
By Ingrid Melander PARIS, Dec 28 (Reuters) - Actress Brigitte Bardot shot to international fame…
Dec 28 (Reuters) - Tributes to Brigitte Bardot, an icon of French cinema, poured in…
Human papillomavirus (HPV) is often considered a taboo subject. London (PA Media/dpa) - Although most of…
By Ingrid Melander PARIS, Dec 28 (Reuters) - Actress Brigitte Bardot shot to international fame…
Dec 28 (Reuters) - Tributes to Brigitte Bardot, an icon of French cinema, poured in…
Dec 28 (Reuters) - Tributes to Brigitte Bardot, an icon of French cinema, poured in…