9M 2021 Results
- Continental accelerates market-oriented realignment in its anniversary year
- Semiconductor shortage likely peaked in the third quarter
- Automotive Technologies particularly affected due to high share of electronics
- Rubber Technologies posts robust earnings thanks to replacement-tire and industrial businesses
- Spin-off of Vitesco Technologies successfully completed
- Consolidated sales of €8.0 billion (Q3 2020: €8.7 billion, -7.4 percent);
organic growth of -8.5 percent - Adjusted EBIT of €419 million (Q3 2020: €727 million, -42.4 percent)
- Adjusted EBIT margin of 5.2 percent (Q3 2020: 8.4 percent)
- Net income of €309 million (Q3 2020: -€719 million, up €1.0 billion)
- Free cash flow before acquisitions, divestments and carve-out effects for continuing and discontinued operations: €12 million (Q3 2020: €1.8 billion)
- Outlook for fiscal 2021: consolidated sales of around €32.5 billion to €33.5 billion; adjusted EBIT margin of around 5.2 to 5.6 percent
On November 10, 2021, Continental released its nine months 2021 results. Wolfgang Schäfer, CFO, conducted an analyst & investor conference call presenting the 9M figures.
- Press Release - pdf (219KB)
- Quarterly Statement - pdf (344KB) as at September 30, 2021
- Presentation - pdf (809KB) to the analyst and investor conference call
- Webcast of the analyst and investor conference call