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Since 1871 we develop pioneering technologies and services for sustainable and connected mobility of people and their goods. Find out more about our company on these pages.
At its meeting today, the Supervisory Board of Continental AG appointed Olaf Schick (52) as the company’s new chief financial officer (CFO) effective July 1. In addition to Group Finance and Controlling, Schick will remain responsible for Group Law and Intellectual Property, Group Compliance, Group Internal Audit, Group Quality Management and Group Risks and Controls, all of which are currently part of the Integrity and Law function.
From the beginning to the present. Our milestones take you on a journey through the history of Continental and provides insights into the company’s eventful past.
The aim of the agreement is to partly cover Rheinmetall’s fast-growing personnel requirements in the coming years with Continental employees affected by the transformation.
Together with our partners, we bring leading technologies on the road, making the world of transportation safer, more connected and autonomous. Our commitment to increasing efficiency and sustainability drives our mission to shape the future of transportation.
After a weak first quarter in 2024, Continental expects earnings to improve as the year progresses – particularly in the second half of the year. Based on this, the DAX company is confirming its full-year outlook, as already announced together with the publication of its key figures for the first quarter on April 16, 2024. Overall, Continental still anticipates consolidated sales for 2024 of around €41.0 billion to €44.0 billion and an adjusted EBIT margin of around 6.0 to 7.0 percent.
