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1. www.continental.com › en › pressAfter a Weak Start: Continental Confirms Its Full-year Outlook

   www.continental.com › en › press

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   May 8, 2024 · ContiTech: improvements expected as the year progresses. The ContiTech group sector posted sales of €1.6 billion (Q1 2023: €1.7 billion, -4.8 percent) and an adjusted EBIT margin of 5.4 percent (Q1 2023: 6.5 percent) in the past quarter. Earnings were adversely impacted by weak industrial demand.

   • ContiTech - Continental AG

     ContiTech. ContiTech is one of the world's leading...

   • Continental Increases Earnings in 2023 and Targets Further ...

     Tires delivers stable profitability: adjusted EBIT margin of...

   • ContiTech - Continental Corporation USA

     More Information. Autonomous Mobility and Safety. Develops,...

2. www.tirereview.com › continentals-tires-contitechContinental’s Tires, ContiTech Business to Separate

   www.tirereview.com › continentals-tires-contitech

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   Oct 5, 2021 · The announcement follows the spin-off of Continental’s Vitesco Technologies in mid-September 2021 and its decision to create Autonomous Mobility and Safety and Motion business areas. According to the company, this is the next logical step in accelerating the strategic realignment of the company.

3. People also ask

   What does continental expect from ContiTech?

   • Continental anticipates sales in the ContiTech group sector of around €6.6 billion to €7.0 billion and an adjusted EBIT margin of around 6.5 to 7.5 percent. Capital expenditure before financial investments is forecast to be around 6.0 to 7.0 percent of sales. Adjusted free cash flow is expected to be around €0.7 billion to €1.1 billion.

   Continental Increases Earnings in 2023 and Targets Further Improvement

   www.continental.com/en/press/press-releases/fiscal-year-2023/

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   What does continental expect from the tire sector?

   • For the Tires group sector, Continental forecasts sales of around €14.0 billion to €15.0 billion and an adjusted EBIT margin of around 13.0 to 14.0 percent. Continental anticipates sales in the ContiTech group sector of around €6.6 billion to €7.0 billion and an adjusted EBIT margin of around 6.5 to 7.5 percent.

   Continental Increases Earnings in 2023 and Targets Further Improvement

   www.continental.com/en/press/press-releases/fiscal-year-2023/

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   Who owns ContiTech AG?

   • The shares were then bought back in order to restore the original ownership structure. Continental AG therefore once again fully owns ContiTech AG, which now operates under the name ContiTech Deutschland GmbH. Furthermore, Continental anticipates additional special expenses of around €500 million.

   Continental Increases Earnings in 2023 and Targets Further Improvement

   www.continental.com/en/press/press-releases/fiscal-year-2023/

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   What does continental do with its tires?

   • With its tires, Continental contributes to safe, efficient and environmentally friendly mobility. In the reporting year, 26% of sales in Tires related to business with vehicle manufacturers, and 74% related to the tire-replacement business. The group sector is divided into five business areas:

   Structure of the Continental Group - Continental Group - 2023 Annual R…

   annualreport.continental.com/2023/en/report/corporate-profile/structure.php

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4. annualreport.continental.com › 2023 › enStructure of the Continental Group - Continental Group - 2023 ...

   annualreport.continental.com › 2023 › en

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   The Continental Group is divided into four group sectors: Automotive, Tires, ContiTech and Contract Manufacturing. As of January 1, 2024, these comprise a total of 16 business areas.

5. www.continental.com › products › contitechContiTech - Continental Corporation USA

   www.continental.com › products › contitech

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   ContiTech - Continental Corporation USA. The ContiTech group sector develops and manufactures, for example, cross-material, environmentally friendly and intelligent products and systems for the automotive industry, railway engineering, mining, agriculture and other key industries.

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