In the opinion of the Executive Board, the overall risk situation of the Continental Group changed in the past fiscal year, above all due to the elimination of risks and opportunities for the former Automotive and Contract Manufacturing group sectors. The risk situation of the remaining group sectors did not change significantly.
It remains to be seen how current geopolitical events, and in particular the associated geoeconomic conflicts, will affect Continental and the macroeconomic situation.
However, the analysis for the year under review did not reveal any risks, either at the end of the reporting period or at the time the annual financial statements were prepared, that individually or collectively pose a threat to the company or the Continental Group as a going concern. In the opinion of the Executive Board, there are also no discernible risks to the Continental Group as a going concern in the foreseeable future.
Considering the material opportunities, the overall risk assessment for the Continental Group presents a reasonable risk and opportunities situation, to which our risk-containment measures and our corporate strategy have been aligned accordingly.
