- Sales down 2.0% to €19.7 billion
- Organic sales up 0.8%
- Adjusted EBIT margin at 10.3%
Sales; EBIT (€ millions)
Free cash flow (€ millions)
Sales by business area (%)
Net indebtedness (€ millions) / Gearing ratio (%)
The spin-off of the former Automotive and Contract Manufacturing group sectors resulted in the application of IFRS 5, Non-current Assets Held for Sale and Discontinued Operations. These parts represent discontinued operations. In the following, the term “Continental Group” refers to continuing operations. Unless indicated otherwise, the following figures are reported for earnings, financial and net assets position:
- for earnings position, the figures for the Continental Group in the reporting and comparative periods;
- for net assets position, the figures for the Continental Group in the reporting period – whereby the assets and liabilities of the Original Equipment Solutions (OESL) disposal group are included in assets and liabilities held for sale – and the figures for continuing and discontinued operations in the comparative period;
- for financial position, pertaining to the statement of cash flows in the reporting and comparative periods, and pertaining to carrying amounts in the statement of financial position in the reporting period, the figures for the Continental Group – whereby the assets and liabilities of the OESL disposal group are included in assets and liabilities held for sale – and the figures for continuing and discontinued operations in the comparative period;
- for reporting on the group sectors, the figures for continuing operations in the reporting and comparative periods. In preparation for the spin-off, a small number of business activities were transferred from Automotive and Contract Manufacturing to Tires and ContiTech and to the holding company. The comparative period was adjusted accordingly.
