Continental has detailed a solid to begin with quarter of 2025, demonstrating strong advance in spite of challenges within the worldwide automotive market. The company accomplished consolidated deals of €9.7 billion, slightly down from the past year but with noteworthy enhancements in its profit.
Key highlights incorporate:
- Adjusted EBIT of €639 million, coming about in a 6.6% edge, a significant increment compared to the 2.1% edge in Q1 2024.
- Net income of €68 million, a reversal from a loss of €53 million within the same period final year.
- Adjusted free cash stream altogether moved forward, in spite of the fact that still negative at -€304 million due to the regular nature of the commerce.
The company's Automotive group sector appeared strength, accomplishing an EBIT edge of 2.8%, up strongly from the -4.0% recorded in Q1 2024, thanks to cost-reduction measures and cost alterations. Within the Tires bunch division, profit developed with deals up 3.7% to €3.4 billion and an EBIT edge of 13.4%.
In any case, ContiTech confronted a challenging showcase environment, posting a slight diminish in deals but keeping up a steady EBIT edge of 5.4%. The division anticipates made strides profit within the last mentioned half of 2025 due to cost-cutting activities and a potential rise in industrial demand.
Looking ahead, Continental's viewpoint for monetary 2025 is isolated for its Automotive business due to its arranged spin-off, with figures showing proceeded positive development for the Tires and ContiTech divisions. The company anticipates deals within the extend of €19.5 billion to €21.0 billion, with an EBIT edge of 10.5% to 11.5%.