FRANKFURT (dpa-AFX) - Continental 's latest business figures failed to boost the share price of the automotive supplier and tire manufacturer on Wednesday. On Tradegate, the papers lost three percent in pre-market trading at the Xetra close. This means that the share price rally since the beginning of the year, with an increase in value of around 22 percent, has been interrupted at least for the time being.

Continental remained under pressure in 2022 due to high costs. The margin before interest and taxes adjusted for special effects is probably slightly below the previous year's figure. The Hanover-based company had warned early on of billions in additional costs for energy, freight and materials.

Nevertheless, some in the market had hoped for a better report from the DAX-listed group, a trader said. Analyst Philipp Konig of Goldman Sachs criticized the cash inflow and maintained his sell vote./ajx/jha/