Key figures for the Continental Group, preliminary FYR 2020
January 1 to December 31 |
2019 | 2020 | Delta | |
Sales | €44.5 bn | €37.7 bn | -15.2% |
Adjusted EBIT1 | €3,226 mn | €1,333 mn | -€1,893 mn |
Adj. EBIT margin1 | 7.3% | 3.5% | |
Free cash flow before acquisitions excluding carve-out effects | €1,343 mn | €1,109 mn | -€234 mn |
Net income2 | -€1,225 mn | -€962 mn | €263 mn |
Gearing ratio (year end) | 25.6% | 32.7% |
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 2020 please go to comparison of key figures / 10- year review.