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Continental is a leading tire manufacturer and industry specialist that develops and produces sustainable, safe and convenient solutions for automotive manufacturers as well as industrial and end customers worldwide.
My name is Sadaf Moghari and I am currently in the final phase of my training as an industrial clerk at Continental. In this blog post I would like to share my exciting experience working abroad with the Erasmus+ program at Continental Rengas Oy in Helsinki.
Continental ended the third quarter of 2023 in line with expectations. The technology company significantly improved the operating result in its Automotive group sector compared with the first half of the year. This was thanks to price adjustments, high cost discipline and stabilized supply chains. Furthermore, it increased its adjusted free cash flow year-on-year as well as compared with the first two quarters of 2023. This was due primarily to a reduction in inventories.
At Agritechnica 2023, Continental is presenting its broad product and service portfolio for the agricultural sector, demonstrating how innovative technology solutions support both farmers and manufacturers in overcoming the challenges of the future.
Agriculture is benefiting from digitalization, at the same time growing machine connectivity leads to increasing pressure on manufacturers – for example regarding cybersecurity
At today’s Capital Market Day in Hanover, Continental announced its strategy for increasing value creation. To achieve its mid-term targets, the company will adopt a package of cost-reduction measures. It thus aims to achieve a consolidated adjusted EBIT margin of around 8 to 11 percent in the next two to three years and then improve within this range.
Integration of Synopsys virtual electronic control unit (vECU) solutions with Continental’s cloud-based development environment (CAEdge) enables faster advancement for the Software-Defined Vehicle (SDV)
At today’s meeting of the Supervisory Board of Continental AG, Prof. Wolfgang Reitzle informed members that he will be available to chair the board for a further two years. All shareholder representatives on the Supervisory Board will stand for re-election at the Annual Shareholders’ Meeting on April 26, 2024.
