Continental's net profit plummeted 113.87% in Q1 2024

In the first quarter of 2024, Continental achieved sales of 9.8 billion euros, down 5% from the same period last year. Among them, the sales of the automotive sub-group were 4.8 billion euros, down 4% year-on-year, failing to meet the expected target. From the perspective of net profit in the first quarter of 2024, Continental's net profit plummeted by 113.87%.