Key figures for the Continental Group, 9M 2020
January 1 to September 30 |
2020 | 2019 | Delta | |
Sales | €26.8 bn | €33.4 bn | -19.7% |
Adjusted EBIT1 | €629 mn | €2,361 mn | -€1,732 mn |
Adj. EBIT margin1 | 2.4% | 7.1% | -470 bps |
Free cash flow before acquisitions excluding carve out effects | €105 mn | -€266 mn | €371 mn |
Net income2 | -€1,168 mn | -€926 mn | -€242 mn |
Gearing ratio | 39% | 34% | 470 bps |
1 Before amortization of intangible assets from purchase price allocation (PPA), changes in the scope of consolidation, and special effects.
2 Attributable to the shareholders of the parent.
For more information up to FY 2019 please go to comparison of key figures / 10- year review.