Continental AG 4Q 2016 -- Forecast

FRANKFURT--The following is a summary of analysts' forecasts for Continental AG (CON.XE) fourth-quarter results, based on a poll of five analysts conducted by Dow Jones Newswires (figures in million euros, dividend and target price in euro, according to IFRS). Earnings figures are scheduled to be released January 9.

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                                EBIT 
4th Quarter         Sales   adjusted    EBIT 
AVERAGE            10,513      1,233   1,147 
Prev. Year         10,016      1,076     920 
+/- in %             +5.0        +15     +25 
 
MEDIAN             10,593      1,245      -- 
Maximum            10,718      1,303   1,158 
Minimum            10,249      1,119   1,132 
Amount (a)              5          5       3 
 
Commerzbank        10,400      1,119      -- 
Deutsche Bank      10,718      1,255      -- 
Exane BNP Paribas  10,593      1,245   1,151 
Warburg Research   10,249      1,245   1,158 
 
 
              Target price  Rating                  DPS 2016 
AVERAGE             209.00  positive 2     AVERAGE      4.32 
Prev. Quarter       234.25  neutral  2     Prev. Year   3.75 
+/- in %               -11  negative 1     +/- in %      +15 
 
MEDIAN              205.00                 MEDIAN       4.30 
Maximum             250.00                 Maximum      4.86 
Minimum             165.00                 Minimum      3.80 
Amount                   5                 Amount          4 
 
Commerzbank         205.00  Hold                          -- 
Deutsche Bank       200.00  Hold                        4.86 
Exane BNP Paribas   165.00  Underperform                3.80 
Societe Generale    225.00  Buy                         4.10 
Warburg Research    250.00  Buy                         4.50 
===

Year-earlier figures are as reported by the company.

(a) Including estimates from analysts who want to remain anonymous.