9 Months 2022 Results

CFO Katja Dürrfeld: “As expected and announced, we achieved a positive adjusted operating result in the Automotive group sector in the third quarter. We are maintaining our sales and earnings outlook for the current fiscal year.”

• Consolidated sales of €10.4 billion (Q3 2021: €8.0 billion, +29.3 percent)
• Adjusted EBIT of €605 million (Q3 2021: €412 million, +46.7 percent)
• Adjusted EBIT margin of 5.8 percent (Q3 2021: 5.2 percent)
• Operating result of €12 million (Q3 2021: €419 million)
• Net income of -€211 million (Q3 2021: €309 million from continuing and discontinued operations)
• Adjusted free cash flow of -€496 million (Q3 2021: -€8 million from continuing and discontinued operations)
• CEO Nikolai Setzer: “Over the past quarter, we managed to significantly improve our adjusted operating result in the Automotive group sector. Our order intake also remains high.”
• Expectations for fiscal 2022 unchanged: consolidated sales of around €38.3 billion to €40.1 billion; adjusted EBIT margin of around 4.7 to 5.7 percent
• Continental received major order for ultra-modern brake system worth around €1.5 billion in the third quarter
• Order intake in Automotive of around €18 billion after nine months (after nine months in 2021: around €13 billion, +37.9 percent)