Professional Documents
Culture Documents
Hanover, April 30, 2015. As anticipated, the Continental Corporation has had a positive start to
2015. In the first quarter of 2015, the sales of the international automotive supplier, tire
manufacturer and industrial partner climbed by 14 percent year-on-year to around €9.6 billion.
Adjusted EBIT rose to around €1 billion. Integration costs and one-time expenses for Veyance of
€37 million had a negative effect on the company results in the first quarter.
“Given the still only sluggish development in our sales markets, the start to the current year was
very encouraging. We anticipate that the replacement tire market in Europe will improve in the
quarters ahead. As a result of the positive development in new registrations particularly in Western
Europe, we also expect an increase in the number of passenger cars produced. Accordingly, our
sales and earnings will also continue to improve in the coming quarters,” said Continental CEO
Dr. Elmar Degenhart on Thursday at the Annual Shareholders’ Meeting in Hanover when
presenting the key data for the first three months.
Continental will present its figures for the first quarter of 2015 on May 7.
Continental develops intelligent technologies for transporting people and their goods. As a reliable partner,
the international automotive supplier, tire manufacturer and industrial partner provides sustainable, safe,
comfortable, individual and affordable solutions. In 2014, the corporation generated sales of approximately
€34.5 billion with its five divisions Chassis & Safety, Interior, Powertrain, Tires, and ContiTech. Continental
currently employs approximately 200,000 people in 53 countries.
Your contact:
Hannes Boekhoff, phone: +49 511 938-1278
Press contact
Financial reports:
http//www.continental-ir.de
Your contact:
Hannes Boekhoff, phone: +49 511 938-1278