Preliminary Results FY 2024
Continental Increases Profit and Drives Forward Realignment in 2025
- 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)
- Automotive makes further gains: adjusted EBIT margin of 2.3 percent
- Tires remains strong: adjusted EBIT margin of 13.7 percent
- ContiTech within margin range: adjusted EBIT margin of 6.2 percent
- Expectations for fiscal 2025: consolidated sales of around €38.0 billion to €41.0 billion; adjusted EBIT margin of around 6.5 to 7.5 percent
- Dividend proposal of €2.50 per share (2023: €2.20 per share)
On March 4, 2025, Continental released its preliminary full year 2024 results. Our CEO Nikolai Setzer and CFO Olaf Schick will be conducting an analyst and investor conference call presenting the preliminary full year results.
“Weak economic development, particularly in Europe, coupled with a decline in automotive production caused major headwinds last year. Our priority is to create value. By rigorously implementing this strategy, we further improved our earnings in this challenging environment and achieved our annual targets for the Continental Group,” said Continental CEO Nikolai Setzer at the annual press conference in Hanover on Tuesday, adding: “Following the Executive Board’s decision in favor of a spin-off, we have also initiated the realignment of the company. Our group sectors have each been set up with clear structures and are leading players in their product segments and markets. They have matured and are now ready for greater independence.”
