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      CFO Katja Dürrfeld

      Results Q1 2023

      Continental Starts 2023 with Solid Results

      CFO Katja Dürrfeld: „We are maintaining our full-year outlook“

      • Consolidated sales of €10.3 billion (Q1 2022: €9.3 billion, +11.1 percent)
      • Adjusted EBIT of €578 million (Q1 2022: €428 million, +35.0 percent)
      • Adjusted EBIT margin of 5.6 percent (Q1 2022: 4.6 percent)
      • EBIT of €531 million (Q1 2022: €375 million, +41.5 percent)
      • Net income of €382 million (Q1 2022: €240 million, +59.6 percent)
      • Adjusted free cash flow of -€949 million (Q1 2022: -€174 million)
      • CEO Nikolai Setzer: “Despite adverse market and external conditions, we ended the first quarter with solid results”
      • CFO Katja Dürrfeld: “We are maintaining our full-year outlook”
      • Outlook for 2023 unchanged: consolidated sales of around €42 billion to €45 billion; adjusted EBIT margin of around 5.5 to 6.5 percent
      • High order intake of €6.6 billion in the first quarter
      • Continental receives major order in the Autonomous Mobility business area worth €1.7 billion

      On May 10, 2023, Continental released its Q1 2023 results. Katja Dürrfeld, CFO, conducted an analyst & investor conference call presenting the Q1 figures.