ContiTech subgroup sales growth 3.7% in 2023, profit margins significantly improved

In 2023, the ContiTech subgroup's sales reached 6.8 billion euros, a year-on-year increase of 3.7%. The adjusted EBIT margin increased significantly year-on-year to 6.7%. The ContiTech subgroup strengthens its industrial business through strategic restructuring programs and acquisitions to increase its influence and efficiency.