Continental meets full-year tyre targets, moves ahead with ContiTech sale [Yahoo! Finance]
CONTL AG S/ADR (CTTAY)
NASDAQ:AMEX Investor Relations:
continental-corporation.com/en/investors/overview
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Source: Yahoo! Finance
In contrast, performance at the ContiTech unit came in below the company's stated margin range. Roland Welzbacher, Continental's chief financial officer, attributed ContiTech's performance to the “persistently weak market environment”. Continental reported preliminary sales of about €5bn ($5.86bn) for the fourth quarter and approximately €19.7bn for fiscal 2025, in line with its guidance band of €19.5bn to €21bn. The adjusted EBIT margin is expected to be around 10.9% for the fourth quarter and roughly 10.2% for the full year, within the target corridor of “around 10.0% to 11.0%”. The tyres business delivered fourth-quarter sales of around €3.6bn. For the full year 2025, Continental anticipates sales of about €13.8bn, consistent with its previously communicated range of €13.5bn to €14.5bn. The division's adjusted EBIT margin is projected at around 14.3% in the final quarter, which the company attributes “particularly due to positive mix effects and further cost optimisation
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