Continental AG: Quarter Results
Continental AG / Quarter Results29.10.2009 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted byDGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------On the basis of final figures, Continental AG, Hanover, realized anadjusted EBIT* (EBIT before amortization of intangibles from PPA,consolidation and special effects) of EUR413.4 million in the third quarterof 2009 (PY: EUR319.1 million). With third-quarter sales of EUR5,337million (PY: EUR5,892 million), the adjusted EBIT margin is 7.8% (PY:5.5%). The most significant special effect in the third quarter is anon-cash effective goodwill impairment in the three Automotive divisions inthe amount of EUR875.8 million. It is essentially due to this impairmentthat a negative EBIT of EUR-911.8 million was reported for Q3(PY: EUR162.7 million).In the first nine months of 2009 the corporation realized total sales ofEUR14,400.2 million(PY: EUR19,146.0 million) and an adjusted EBIT of EUR662.1 million (PY:EUR1,502.8 million). The EBIT reported for the first nine months amounts toEUR-1,038.0 million (PY: EUR1,075.1 million).The Continental Corporation's financial report for the first nine months ofthe current fiscal year will be published today on October 29.29.10.2009 Financial News transmitted by DGAP--------------------------------------------------------------------------- Language: EnglishCompany: Continental AG Vahrenwalder Straße 9 30165 Hannover DeutschlandPhone: +49 (0)511 938-1068Fax: +49 (0)511 938-1080E-mail: ir@conti.deInternet: www.conti.deISIN: DE0005439004WKN: 543900Indices: MDAXListed: Regulierter Markt in Frankfurt (Prime Standard), Hannover, Stuttgart, Hamburg; Freiverkehr in Berlin, Düsseldorf, München; Terminbörse EUREX; Foreign Exchange(s) Luxembourg, SWX End of News DGAP News-Service ---------------------------------------------------------------------------