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Continental

🌎 continental.com

Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent, and affordable solutions for vehicles, machines, traffic, and transportation. With a global presence, Continental generated sales of €41.4 billion in 2023 and employs around 200,000 people across 56 countries.

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Continental - Latest News and Updates

• Continental reported a 6.6% increase in adjusted EBIT to €2.7 billion for 2024, with a new EcoContact 7 tire featuring dimpled sidewalls for improved aerodynamics.
• Continental reported a fiscal 2024 net income of 1.17 billion euros, an increase from last year, and plans to propose a dividend increase to 2.50 euros per share.
• Continental's shares dropped by 8.5% due to US tariffs impacting Europe's automotive sector.
• Continental's stock dropped 9% after announcing limited improvement to profitability this year.
• Continental will hold its annual press conference on March 5, where CEO Nikolai Setzer and CFO Olaf Schick will present the 2024 financial results and their vision for 2025.

• Continental is showcasing its Future Brake System portfolio, featuring electromechanical brakes that eliminate brake fluid, at the Brimley Development Center in Michigan.
• Continental partners with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH to enhance sustainability and traceability in the natural rubber supply chain in Indonesia.
• Continental is currently seeking a Head of Pension Germany and Global Benefit Governance in Germany.
• Continental (ContiTech) plans to invest €300 million to expand its Rayong, Thailand tire plant to capitalize on growth markets including electric vehicles, as stated by CEO Nikolai Setzer.
• Continental is currently seeking a Head of Intellectual Property (IP) Mechanics Tires in Germany.

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