Continental

Continental is going on the offensive with respect to the central theme of the sustainability of humankind, and has set itself some ambitious goals in this respect. 

November 11, 2024 Continental increased its earnings in the third quarter of 2024, as expected. In particular, the Automotive group sector made progress thanks to the measures taken to improve earnings, and it aims to make further gains in adjusted EBIT in the fourth quarter. As in the second quarter of 2024, the Tires group sector posted a good adjusted EBIT on the back of improved business in Europe, boosted not least by encouraging early sales of winter tires. Earnings in ContiTech, by contrast, were dented by continued weak industrial development in Europe and North America. Continental does not expect the industrial business to recover in the fourth quarter and is therefore adjusting its sales and earnings outlook for ContiTech. As a result, sales expectations have also been lowered for the Continental Group as a whole.

Continental is well positioned for the future - as the mobility and material technology group for safe, smart and sustainable solutions.

Today's advanced driver assistance systems provide the basis for the automated driving of the future. Continental is using its full innovative power to drive forward this trend and developing intelligent technologies that take over more and more driving functions – as long as the driver wants them to. The advantage: more safety, more convenience, more efficiency.

Technologies around clean and sustainable mobility are being enhanced further across the globe, with continued focus on electric and hybrid electric vehicles. Continental develops innovations to support the requirements of customers around the areas of vehicle safety, battery, sensors, braking, information management and tires, to elevate their holistic electrification journey.

More than one billion vehicles worldwide are responsible for not only increased traffic volumes, but also a rising number of accidents. To reduce the number of road deaths and amount of material damage as much as possible, Continental is always working on new systems that improve vehicle safety in all vehicle classes. Our aim: zero accidents – “Vision Zero.”

Continental connects vehicles and people with the digital world. We develop and enable holistic connectivity solutions. We provide connectivity within the vehicle itself as well as with other vehicles and the outside environment. New possibilities are also emerging from the development of intelligent transport systems. In the future, cloud-based software solutions will offer more convenience not only for the driver and passengers, but also for the transport industry.