Consolidated sales of €9.7 billion (Q1 2024: €9.8 billion, -0.8 percent) Planned Automotive spin-off has led to mandatory application of IFRS 5 accounting standard Adjusted EBIT of €639 million; without application of IFRS 5, adjusted EBIT would have been €586 million (Q1 2024: €201 million) Adjusted EBIT margin of 6.6 percent; without applicat [ … ]

ContiTech will operate independently as a material solutions specialist with a strong industrial focus; the form of the transaction and exact timetable for independence will be determined in the next step Continental will become a global company focused on tires CEO Nikolai Setzer: “We are creating three strong, independent champions that will a [ … ]

Hanover, April 8, 2025. The Executive Board of Continental AG has today decided in principle to make the ContiTech group sector independent. The preparatory phase that now follows will involve analyzing and assessing the possible transaction forms for independence and the resulting timetable for implementation will be drawn up. A sale of the group [ … ]

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Hanover, Germany, March 12, 2025. In its meeting today, in which Continental AG’s Supervisory Board approved the Executive Board’s decision to proceed with the spin-off of the future Automotive Group and to finalize the related agreements, it confirmed that the future Automotive Group is to have cash funds of €1.5 billion before the spin-off is com [ … ]

Consolidated sales of €39.7 billion (2023: €41.4 billion, -4.1 percent) Adjusted EBIT of €2.7 billion (2023: €2.5 billion, +6.6 percent) Adjusted EBIT margin of 6.8 percent (2023: 6.1 percent) Net income of €1.2 billion (2023: €1.2 billion, +1.0 percent) Adjusted free cash flow of €1.05 billion (2023: €1.3 billion, -18.6 percent) CEO Nikolai  [ … ]