Continental started 2026 with a good first quarter. The Tires and ContiTech group sectors both increased their adjusted EBIT margins compared with the same quarter of last year, despite burdens from tariffs and exchange-rate effects. Adjusted free cash flow was also up year-on-year. By contrast, the economic environment and weak global markets hampered sales growth. Even against the backdrop of current geopolitical developments, the DAX-listed company has confirmed its full-year outlook. For 2026, Continental still expects consolidated sales of around €17.3 billion to €18.9 billion and an adjusted EBIT margin of around 11.0 to 12.5 percent.
“Geopolitical developments are creating greater uncertainty for consumers and for the economy. This is why we are continuing to work hard on increasing our competitiveness,” said Continental chief executive officer, Christian Kötz.
In the past quarter, Continental achieved consolidated sales of €4.4 billion (Q1 2025: €4.9 billion, -10.4 percent). Before exchange-rate effects and changes in the scope of consolidation, its organic sales were down 0.9 percent. The adjusted operating result amounted to €522 million (Q1 2025: €492 million, +6.1 percent), corresponding to an adjusted EBIT margin of 11.9 percent (Q1 2025: 10.7 percent).
Net income in the first quarter amounted to €200 million (Q1 2025: €68 million, +196.5 percent). Adjusted freecash flow was €35 million (Q1 2025: -€216 million).
“We increased our profitability and our adjusted free cash flow in the first quarter. In particular, we benefited from our focus on high-margin products, strict cost discipline and lower raw material costs compared with the same quarter of last year,” said Continental chief financial officer, Roland Welzbacher, adding, It will take time for recent changes in raw material prices to have an impact on us. We are analyzing and assessing the situation and, where necessary, are taking measures to safeguard earnings. We are confirming our financial outlook for the current year.”
Published June 2026
