1128 GMT - Continental might struggle to get a good price for the planned sale of its ContiTech business after the division's profitability fell short of forecasts in the fourth quarter, Bernstein analysts say in a research note. The German tire maker said the market recovery it expected didn't materialize, prompting ContiTech's full-year profitability to miss guidance. Continental said it still plans to go ahead with the planned ContiTech sale this year, Bernstein says. "We already thought that the ContiTech sales price may disappoint, given that Continental is an enthusiastic seller with an explicit target sale date, the asset is large and we put low probability on a buyer overpaying for synergy potential," the analysts say. Shares fall 1.5%. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
January 21, 2026 06:28 ET (11:28 GMT)
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