Continental (CON) Investor presentation summary

Group overview and strategy

• Achieved €41.4 billion in sales in 2023 with around 200,000 employees across 56 countries and 505 locations.

• Structured into Automotive, Tires, and ContiTech sectors, each with distinct business areas and regional focuses.

• Entered the 'Era of Execution' post-2024, focusing on efficiency, portfolio management, and long-term value creation.

• Strategic mission centers on safe, smart, and sustainable mobility and material technology solutions.

• Management emphasizes clear targets, accountability, and investment in employees to drive transformation.

Automotive group sector

• Generated €20.3 billion in sales in 2023 with ~102,500 employees and a 1.9% adjusted EBIT margin.

• Focused on software-defined vehicles, integrating hardware and software for advanced mobility solutions.

• Portfolio management includes streamlining, cost reduction, and potential carve-out of User Experience business.

• Strategic partnerships, such as with Aurora for autonomous trucking, drive innovation and new revenue models.

• Targets >6% adjusted EBIT margin short-term and ~6-8% mid-term, with sales growth to €26-29 billion mid-term.

Tires group sector

• Reported €14 billion in sales in 2023, with a strong balance between OE and replacement markets and 56,500 employees.

• Vision 2030 aims for industry leadership in operational excellence, sustainability, and digital solutions.

• Capitalizes on electrification trends, UHP tire growth, and expansion in APAC and Americas.

• Maintains industry-leading operational efficiency and customer satisfaction.

• Targets >13% adjusted EBIT margin short-term and ~13-16% mid-term, with sales up to €17-18 billion mid-term.