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Financial Information

from the Continental Corporation

 

 

 

 

 

 

 

 

Automotive supplier complies with financial covenants agreed with banks.

Cooperation makes better purchasing conditions possible and creates a stronger supplier network.

Adjusted EBIT of €1,837.3 million / 7.6% margin.

Enthusiastic response from banks: nearly 100% give consent

01/21/2009
 
Documentation

Letter of Dr. Neumann, CEO of Continental, and Dr. von Grünberg, Chairman of the Supervisory Board of Continental, to Mrs. Maria-Elisabeth Schaeffler, dated January 19, 2009

page 1 of 11
 

 

 

 

 

 

 

 
 

 

 

 

 

 

 

 

Automotive supplier fully in line with expectations in first quarter 2008

Continental increased its consolidated sales (pro forma in the old structure according to prelimi­nary figures) by 7.2% to €15,960.1 million.

Market coverage close to target of 80 percent.

The transaction comprises amongst others the business with electric motors for window regulators, ABS and ESC.

Continental AG reports strong third quarter and increases share capital to ensure consistent implementation of financing concept for Siemens VDO acquisition

Publishing of the Financial Report as of September 30, 2007

Syndication enjoys healthy oversubscription despite challenging financial markets environment

page 3 of 11
 

 

 

 

 

 

 

 

Following a positive first-half performance, Continental feels well-armed to tackle the tasks ahead.

This major investment will enable Continental to expand local production of commercial vehicle tires and will help to serve the U.S. market even better than before.

In the first quarter of 2007 the international automotive supplier has laid the foun­dation for another successful year and improved its sales and earnings in the first three months more than expected.

In 2006, Continental wrote another new chapter in its success story, outperforming the prior year's record figures for sales and earnings.

Continental added EUR330 million to the trust fund to partially finance its pension ob­ligations to current and retired employees in Germany.

Automotive supplier reports strong sales gains – Double-digit increase in adjusted EBIT despite massive pressure from raw material prices – One-time effects impact quarterly result

A private equity investor had contacted Continental AG, Hanover, in order to assess the potential submission of a public takeover bid. In the meantime this review, which was only at an early stage, has been terminated by mutual agreement.

page 4 of 11
 

 

 

 

 

 

 

 

Continental AG, Hanover, is continuing on its stable and successful course despite increases in the prices of raw materials, and the restrained economic situation within the automotive industry worldwide.

At the end of June 2006, Continental will transfer EUR300 million in assets to a trustee to partially fund pension obligations for employees and retirees in Germany.

Continental AG, Hanover, has continued its successful performance in the first quarter of 2006. The international automotive supplier improved its sales and earnings in the first three months more than expected.

The international automotive sup­plier set new peak values for both sales and earnings last year, despite a generally subdued global automobile market and considerably higher raw material prices.

The international automotive supplier will again be investing more than EUR900 million in modern production facilities and R&D. More than a third of this sum is earmarked for locations in Germany.

Continental AG, Hanover, remains on the road to success despite rather weak economic conditions in the automotive industry, particularly in the U.S.

Continental AG is continuing its record-breaking performance despite the rather weak economic situation in parts of the automotive industry. The international automotive supplier boosted its sales and earnings in the first half of 2005 once again.

page 5 of 11
 

 

 

 

 

 

 

 

Automotive supplier improves sales and earnings substantially in first quarter. Executive Board affirms positive outlook for 2005.

Despite the overall sluggish economy in the global automotive industry, Continental AG continued to establish itself as one of the world's leading automotive suppliers by setting new records for sales and earnings.

Executive Board proposes EUR0.80 per share - increase of 53.8 percent

The control and profit and loss transfer agreement between ContiTech AG and Phoenix AG was entered into the commercial register.

Continental is set to double its deliveries of ESC systems to the U.S.A. in 2005, and to triple them in 2006.

Automotive supplier uses financial position for active balance sheet management

Sales up to EUR9.21 billion after nine months. Consolidated net income after taxes up 75.8 percent. Operating result significantly over EUR one billion expected for 2004.

page 6 of 11
 

 

 

 

 

 

 

 

One year after returning to the DAX, Continental AG has come to a positive assessment of its membership in the top segment of the German stock market.

AdvanceTrac™, Roll Stability Control™ to be Standard on Four 2005 Models.

Automotive supplier ups sales in first half of 2004 by 9.9 percent - Consolidated result grows 21.4 percent despite restructuring costs in US

Mixing facilities and some warehousing operations will continue in Mayfield.

In the first three months, consolidated sales were up 8 percent on the prior year.

Operating result climbs to new record of €855.2 million - Sales up to €11.5 billion despite difficult environment - Dividends increase by 16 percent

In the third quarter of 2003, Continental AG, has reconfirmed its ongoing upswing in sales and operating results, despite continued sluggish business activity in the automotive industry.

page 7 of 11
 

 

 

 

 

 

 

 

With a workforce of around 12,000 at twenty locations worldwide, Continental Teves is currently the world's foremost manufacturer of hydraulic foundation brakes.

Since September 22, the share of Continental AG is listed on the DAX index again. Stock up more than 50 percent since the beginning of this year.

On September 22 the international automotive supplier returns to the German's stock market's blue chip index. The announcement was made by the Deutsche Boerse AG in Frankfurt/Main.

Despite difficult conditions in the automotive business during the first half of 2003, Hannover-based Continental AG has maintained its course of sales and earnings growth.

Continental AG has sold all of its treasury stock on the stock exchange.

Consolidated sales for the Continental Corporation rose 3.2 percent to Euro 2,822 million (prior year Euro 2,734 million) in the first quarter of 2003.

Fiscal 2002 one of the best years in the division's history.

page 8 of 11
 

 

 

 

 

 

 

 

Operating result hits new record at Euro 694.3 million and Sales goes up to Euro 11.4 billion despite difficult environment.

Record sales achieved at Continental. Continental Automotive Systems becomes strongest sales performer.

Further Significant Increase in Earnings Achieved

Consolidated earnings increase substantially: Progress made in reduction of indebtedness

Corporation starts successful with consolidated sales increased 6.1% to EUR2,734 million (prior year: EUR 2,578 million).

Sales increase 11.1 percent to Euro 11.2 billion but non-recurring expenses hold down income.

Group sales grow to more than 11 billion euros. Financial year is burdened with considerable one-off restructuring costs.

page 9 of 11
 

 

 

 

 

 

 

 

Continental AG increased sales in its passenger tire business (excluding NAFTA) by six percent.

The turnover of the Continental Group rose by 10.8 percent to 8,240 million euros during the first nine months of 2001.

The attacks in New York and Washington have had an unsettling effect on vehicle buyers in the US.

In the first six months in 2001, the sales of the Continental Group rose 12 percent over last year.

The Continental Corporation was able to boost sales by 6.3 percent to 2,578 million euros in the 1st quarter of 2001.

Continental buys TEMIC from DaimlerChrysler.

The Continental Corporation boosted its sales in 2000 by 10.8 percent to 10,115 million EUR (prior year: 9,132 million EUR).

page 10 of 11
 

 

 

Continental AG has signed a Euro Medium Term Note (EMTN) Programme to expand the range of its debt instruments on 15th January 2001.

The leading companies in the automotive components industry intend to set up TecCom, an e-business solution for dealers and independent repair shops.

page 11 of 11