Continental AG Releases Third Quarter 2024 Results

Continental recently released its third quarter 2024 performance report. The report shows that sales in the quarter were 9.8 billion euros, a year-on-year decrease of 4.0%. Adjusted operating profit increased to 873 million euros, a year-on-year increase of 36.0%, corresponding to an adjusted EBIT margin of 8.9%. Net profit was 486 million euros, a year-on-year increase of 62.8%. Adjusted free cash flow was 323 million euros, a year-on-year decrease of 30.6%.