Slide 1: FY 2024 Results
PRELIMINARY FY 2024 Results Hanover – March 4, 2025 Ticker: CON ADR-Ticker: CTTAY Nikolai Setzer – CEO http://www.continental-ir.com Olaf Schick – CFO Public
Slide 2: Agenda
Agenda PRELIMINARY 1 Group Highlights 2 Automotive 3 Tires 4 ContiTech 5 Cash Flow 6 Outlook 2025 7 Back-up and Fact Sheets 2023 - FY 2024 FY 2024 Results © Continental AG March 4, 2025 2 Public
Slide 3: All Group Sectors Contributed to Improved Profitability in a Challenging Market Environment
1 | Group Highlights All Group Sectors Contributed to Improved Profitability in a Challenging Market Environment PRELIMINARY Executive Summary FY 2023 FY 2024 › Organic growth of -2.6% in persistently weak markets Sales €41.4 bn €39.7 bn › FX of -1.5% weighed on sales; all sectors negatively impacte
Slide 4: Proposed Dividend of €2.50 Equals a 4% Dividend Yield
1 | Group Highlights Proposed Dividend of €2.50 Equals a 4% Dividend Yield PRELIMINARY Dividend Dividend per share1 (€) 2.50 2.20 1.50 Targeted payout ratio2 ~20% to ~40% FY 2022 FY 2023 FY 2024 3 Earnings per share (€) 0.33 5.78 5.84 NIAT burdened by a €100 mn increase in non-cash tax expenses, Pay
Slide 5: Automotive to Further Improve in 2025 Due to Self-Help Measures
1 | Group Highlights Automotive to Further Improve in 2025 Due to Self-Help Measures PRELIMINARY Automotive Scorecard Significant Restructuring 2024 Achievements 2025 Focus › Price negotiations successfully completed Operating leverage › Significantly improved share of sustainable price agreements r
Slide 6: ContiTech Safeguarded Profitability Through Strict Cost Management; Further Measures for 2025 Initiated
1 | Group Highlights ContiTech Safeguarded Profitability Through Strict Cost Management; Further Measures for 2025 Initiated PRELIMINARY ContiTech Scorecard Strategic Measures 2024 Achievements 2025 Focus › Attractive product mix management Operating leverage › Successfully (re)negotiated contracts
Slide 7: Improved Profitability Across all Group Sectors Despite Pressure on Top-Line
1 | Group Highlights Improved Profitability Across all Group Sectors Despite Pressure on Top-Line PRELIMINARY Group Sales and Adjusted EBIT1 – Q4 2024 Sales (€ mn) Adjusted EBIT1 (€ mn) Contract Contract Automotive Tires ContiTech Automotive Tires ContiTech Manufacturing Manufacturing -3.2% 5,118 4,
Slide 8: Disciplined Self-Help Measures Drove Significant Profitability Improvement in Automotive
2 | Automotive Disciplined Self-Help Measures Drove Significant Profitability Improvement in Automotive PRELIMINARY Automotive Sales1,2 and Adjusted EBIT3 – Q4 2024 Sales1,2 (€ mn) Adjusted EBIT3 (€ mn) Sales1,2 5,118 -3.2% › Sales impact from FX: -1.8% 4,855 › Negative volume development driven by
Slide 9: Sales Development in Line With Market on the Back of European Outperformance
2 | Automotive Sales Development in Line With Market on the Back of European Outperformance PRELIMINARY Automotive Sales Growth1 vs. Regional Production – Q4 2024 Europe North America China Worldwide ∆ Y-o-Y in % ∆ Y-o-Y in % ∆ Y-o-Y in % ∆ Y-o-Y in % 8% ~ 0%pt 0% -3% -3% -3% -4% -7% -10% PC< prod
Slide 10: Q4 2024 Order Intake of €5.1 bn; Book-to-Bill Ratio of 1.0x for FY 2024
2 | Automotive Q4 2024 Order Intake of €5.1 bn; Book-to-Bill Ratio of 1.0x for FY 2024 Due to Delayed Sourcing Decisions PRELIMINARY Automotive Order Intake – Q4 2024 Order Intake (€ bn)1 Highlights Safety and Motion: €2.4 bn › Orders for latest generation brake systems UX 0.2 AM › Major order for a
Slide 11: Tires Showed Solid Development in Q4 2024 on the Back of Market Outperformance in RE and Positive Price/Mix
3 | Tires Tires Showed Solid Development in Q4 2024 on the Back of Market Outperformance in RE and Positive Price/Mix PRELIMINARY Tires Sales and Adjusted EBIT1 – Q4 2024 Sales (€ mn) Adjusted EBIT1 (€ mn) Sales +2.6% › Impact from FX: -0.7% 3,677 › Volumes: +0.9%, PLT replacement volumes 3,607 impr
Slide 12: Strong Replacement Business Across All Regions With Stringent UHP Share Growth
3 | Tires Strong Replacement Business Across All Regions With Stringent UHP Share Growth PRELIMINARY Tires Highlights Revenue 2024 Breakdown: Channel Mix Regional Mix Product Segment Mix PLT Continental Brand APAC ST OE 13% TT 4% Other 19% 19% 23% Americas 54% EMEA PLT 33% 81% Replacement 77% 77% PL
Slide 13: Self-Help in ContiTech Overcompensated Market-Driven Drop in Sales
4 | ContiTech Self-Help in ContiTech Overcompensated Market-Driven Drop in Sales PRELIMINARY ContiTech Sales and Adjusted EBIT1 – Q4 2024 Sales (€ mn) Adjusted EBIT1 (€ mn) Sales › Impact from FX: -1.5% -5.0% › Automotive OE and the industrial markets remained weak 1,658 1,552 › Persistent weakness
Slide 14: Improved EBIT and Positive Effects from Inventories Resulted in €1,052 mn Adj. Free Cash Flow
5 | Cash Flow Improved EBIT and Positive Effects from Inventories Resulted in €1,052 mn Adj. Free Cash Flow PRELIMINARY Cash Flow – FY 2024 Adjusted Free Operating Cash Flow Operating (€ mn) Investing1 (€ mn) Cash Flow1 (€ mn) › Improved EBIT › Substantial improvement at Automotive and a healthy win
Slide 15: Challenging Market Environment Expected to Continue Throughout FY 2025
6 | Outlook 2025 Challenging Market Environment Expected to Continue Throughout FY 2025 PRELIMINARY Market Outlook – FY 2025 Vehicle Production Replacement Tires1 Industrial Production Passenger Cars & Light Trucks 2024 2025E 2024 2025E 2024 2025E Europe -5% -5% to -3% +7% 0% to +2% Eurozone -2.9% -
Slide 16: Profitability Expected to Improve in a Challenging Market Environment
6 | Outlook 2025 Profitability Expected to Improve in a Challenging Market Environment PRELIMINARY Guidance – FY 2025 2025E Continental Group consolidated sales Around €38.0 bn – €41.0 bn Adj. EBIT1 margin Around 6.5% – 7.5% Automotive sales Around €18.0 bn – €20.0 bn Adj. EBIT1 margin Around 2.5% –
Slide 17: Public
Public
Slide 18: Disclaimer
Disclaimer › This presentation has been prepared by Continental Aktiengesellschaft solely in connection with the Analyst and Investor Call on March 4, 2025, and the subsequent analyst and investor meetings. It has not been independently verified. It does not constitute an offer, invitation or recomm
Slide 19: Back-Up
Back-Up FY 2024 Results © Continental AG March 4, 2025 19 Public
Slide 20: Automotive Self-Help Measures Expected to Overcompensate Anticipated Lower Volumes
6 | Outlook 2025 Automotive Self-Help Measures Expected to Overcompensate Anticipated Lower Volumes PRELIMINARY Automotive Adjusted EBIT1,2 – Outlook FY 2025 Main Drivers ~2.5%- › Negative weighted light vehicle production 4.0% › Total fixed-cost savings target of €400 2.3% already safeguarded 454 ›
Slide 21: Operational Cash Generation Expected to Improve While One-Offs Burden FY 2025 Adjusted Free Cash Flow
6 | Outlook 2025 Operational Cash Generation Expected to Improve While One-Offs Burden FY 2025 Adjusted Free Cash Flow PRELIMINARY Adjusted Free Cash Flow1,2 (€ bn) – Outlook FY 2025 One-Off Effects › One-offs 2024 mainly related to the reacquisition of ContiTech AG shares and restructuring › Cash o
Slide 22: Automotive Sales Growth vs. Regional Production – FY 2024
Back-Up PRELIMINARY Automotive Sales1 Growth vs. Regional Production – FY 2024 Europe North America China Worldwide ∆ Y-o-Y in % ∆ Y-o-Y in % ∆ Y-o-Y in % ∆ Y-o-Y in % 4% ~ 0%pt -1% -1% -3% -3% -3% -5% -7% PC< production weighted PC< production PC< production PC< production by regional sales
Slide 23: Capex, Depreciation and Earnings per Share – FY 2024
Back-Up PRELIMINARY Capex, Depreciation and Earnings per Share – FY 2024 Capex, Depreciation and PPA1 (€ mn) EPS excl. PPA1, 2 (€) 2,437 0.39 2,204 2,107 2,102 6.23 5.84 5.9% 118 5.5% 109 1 2 1, 2 FY 2023 FY 2024 EPS reported PPA per share after tax EPS excl. PPA ■ Capex (PPE & software), percentage
Slide 24: Bonds
Back-Up PRELIMINARY Bonds 1 Contracted rating since May 19, 2000. 2 Contracted rating since November 7, 2013. 3 Contracted rating since January 1, 2019. FY 2024 Results © Continental AG March 4, 2025 24 Public
Slide 25: Investment Grade Credit Profile
Back-Up PRELIMINARY Investment Grade Credit Profile Leverage Ratio1 Gearing Ratio2 Equity Ratio 1.12 0.88 0.78 33% 29% 25% 36% 37% 40% FY 2022 FY 2023 FY 2024 FY 2022 FY 2023 FY 2024 FY 2022 FY 2023 FY 2024 Continental’s current credit rating is: Continental’s targets: › Fitch (since August 21, 2024
Slide 26: Fact Sheets 2023 – FY 2024
Fact Sheets 2023 – FY 2024 FY 2024 Results © Continental AG March 4, 2025 26 Public
Slide 27: Sales and Adjusted EBIT by Quarter
Fact Sheets PRELIMINARY Sales and Adjusted EBIT 1 by Quarter 2023 2024 2023 2024 Sales in € millions adj. EBIT¹ in € millions Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Automotive 5,015 5,133 5,029 5,118 20,295 4,813 4,956 4,792 4,855 19,416 Automotive 39 -28 142 248 401 -20
Slide 28: EBITDA and EBIT by Quarter
Fact Sheets PRELIMINARY EBITDA and EBIT by Quarter 2023 2024 2023 2024 EBITDA in € millions EBIT in € millions Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Q1 Q2 Q3 Q4 Year Automotive 269 218 251 243 982 12 281 396 635 1,323 Automotive 16 -39 -3 -31 -57 -255 9 122 353 229 Tires 660 576 637 713
Slide 29: Reported and Adjusted FY 2024 Results
Fact Sheets PRELIMINARY Reported and Adjusted FY 2024 Results € millions Automotive Tires ContiTech Contract Manufacturing Other/ Hold./ Cons. Group FY 2023 FY 2024 FY 2023 FY 2024 FY 2023 FY 2024 FY 2023 FY 2024 FY 2023 FY 2024 FY 2023 FY 2024 Sales 20,295 19,416 13,958 13,861 6,842 6,386 512 239 -
Slide 30: Financial Calendar and Upcoming Investor Meetings
Calendar PRELIMINARY Financial Calendar and Upcoming Investor Meetings 2025 › Roadshow FY 2024 JP Morgan (CFO) › March 5/6, London Full-Year Results March 4, 2025 › Roadshow Jefferies › March 5, Paris Annual Shareholders’ Meeting April 25, 2025 › UniCredit European Credit Conference Q1 Quarterly Sta
Slide 31: References
References PRELIMINARY Useful Links to Continental Websites Investor Relations Investor Relations Capital Market Day Capital Market Day 2023 Latest Presentations Presentations Events Events Investor Presentation (Fact Book) Investor Presentation 2024 Sustainability Sustainability Integrated Sustaina
Slide 32: Contact Investor Relations
Contact Investor Relations PRELIMINARY Continental-Plaza 1 e-mail: ir@conti.de 30175 Hanover fax: +49 511 938 1080 Germany www.continental-ir.com Eva Jacob-Pietsch phone: +49 511 938 12147 Manager Investor Relations e-mail: eva.jacob-pietsch@conti.de Andrea Kraft phone: +49 511 938 1880 Max Westmeye