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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.
Continental started 2026 with a good first quarter. The Tires and ContiTech group sectors both increased their adjusted EBIT margins compared with the same quarter of last year, despite burdens from tariffs and exchange-rate effects. Adjusted free cash flow was also up year-on-year. By contrast, the economic environment and weak global markets hampered sales growth. Even against the backdrop of current geopolitical developments, the DAX-listed company has confirmed its full-year outlook. For 2026, Continental still expects consolidated sales of around €17.3 billion to €18.9 billion and an adjusted EBIT margin of around 11.0 to 12.5 percent.
Continental today announced the sale of its ContiTech group sector to an affiliate of Lone Star Funds for €4.0 billion. The transaction also includes performance-based components of up to €250 million in subsequent years. The sale of its industrial business is the final step in Continental’s realignment. Once completed, the DAX-listed company will become a pure-play tire manufacturer for the first time in its history.
Continental has decided to build its first company-owned wind farm near its tire plant in Korbach, in the municipality of Twistetal (Hesse, Germany). It will supply electricity to the tire plant in Korbach (Hesse), which is about eight kilometers away. With this project, the tire manufacturer is diversifying its energy supply, accelerating its transition to renewable energy, improving the plant’s cost competitiveness and reducing its dependence on energy markets.
Continental has announced the construction of a new highly automated finished-goods warehouse in Mount Vernon, Illinois. The company plans to invest approximately $76 million in the project. The facility is designed to mainly serve growing demand in North America, while enhancing service levels and customer support. Covering an area larger than six American football fields, the warehouse will have capacity for approximately 500,000 passenger car tires. Construction is expected to start in summer 2026, with operations scheduled to begin in 2027.
