Continental (CON) AGM 2025 summary

Opening remarks and agenda

• The meeting was opened in person in Hannover, with a welcome to shareholders, media, and former board members, and confirmation of legal compliance and agenda publication.

• The agenda included financial statements, restructuring plans, board elections, auditor appointments, and amendments to the articles of incorporation.

Financial performance review

• Consolidated sales for 2024 were EUR 39.7 billion, down 4% year-on-year, mainly due to weak European markets.

• Adjusted EBIT margin improved to 6.8%, with adjusted operating result at EUR 2.7 billion (+6% YoY), and net income at EUR 1.2 billion.

• Tires performed strongly with sales of EUR 13.9 billion and an adjusted EBIT margin of 13.7%.

• Automotive sales were EUR 19.4 billion, with an adjusted EBIT margin of 2.3%.

• ContiTech sales declined to EUR 6.4 billion, with an adjusted EBIT margin of 6.2%.

• Proposed dividend is EUR 2.50 per share, up 13% from the previous year.

Board and executive committee updates

• Several executive changes: Olaf Schick (CFO) to be succeeded by Roland Welzbacher; Ariane Reinhart (HR) to be succeeded by Ulrike Hintze.

• Dr. Kevin Borck joined the Supervisory Board as a representative of senior executives.

• Supervisory Board and committees met regularly, focusing on transformation and risk management.