Slide 1: 9M 2024 Results
9M 2024 Results Hanover – November 11, 2024 Ticker: CON ADR-Ticker: CTTAY http://www.continental-ir.com Olaf Schick – CFO
Slide 2: Agenda
Agenda 1 Group Highlights 2 Automotive 3 Tires 4 ContiTech 5 Cash Flow 6 2024 Outlook 7 Back-up and Fact Sheets 2023 - 9M 2024 9M 2024 Results © Continental AG Public November 11, 2024 2 Public
Slide 3: Most Important KPIs for Q3 2024
1 | Group Highlights Most Important KPIs for Q3 2024 Q3 2023 Q3 2024 Executive Summary Sales €10.2 bn €9.8 bn › Organic growth of -2.2% due to persistently weak markets Adjusted EBIT1 €642 mn €873 mn › FX still negatively impacting all sectors Adjusted EBIT1 margin 6.3% 8.9% PPA2 -€29 mn -€27 mn › A
Slide 4: Automotive Scorecard - 9M 2024
1 | Group Highlights Automotive Scorecard - 9M 2024 Significant Strong Progress Focus on Next Steps Restructuring › Finalize price re-negotiations and further Operating leverage › 90% of pricing negotiations successfully finalized improvements in claim management › Strong progress towards manufact
Slide 5: Q3 2024 – Sales and Adjusted EBIT
1 | Group Highlights Q3 2024 – Sales and Adjusted EBIT Sales (€ mn) Adjusted EBIT1 (€ mn) Automotive Tires ContiTech Contract Automotive Tires ContiTech Contract Manufacturing Manufacturing -2.7% 5,029 4,792 +3.5% 14.5% 13.3% 3,429 3,495 4.2% 507 -8.2% 454 2.8% 6.5% 2.3% 203 4.5% 1,711 1,541 142 -7.
Slide 6: Automotive Q3 2024 – Sales and Adjusted EBIT
2 | Automotive Q3 2024 – Sales and Adjusted EBIT Sales1, 2 (€ mn) Adjusted EBIT3 (€ mn) Sales 5,029 -2.7% 4,792 › Sales impact from FX: -2.0% › Negative volume development driven by further AM 866 -4.7% deterioration of markets 813 4.2% › Majority of price negotiations finalized, also AN 1,174 +6.8%
Slide 7: Regional Production vs. Sales Growth in Q3 24
2 | Automotive Regional Production vs. Sales Growth in Q3 2024 Europe1 North America1 China1 Worldwide1 ∆ Y-o-Y in % ∆ Y-o-Y in % ∆ Y-o-Y in % ∆ Y-o-Y in % ~ 2%pt 2% -3% -5% -3% -5% -6% -11% -12% Europe: share of sales1 North America: share of sales1 China: share of sales1 PC< production weighted
Slide 8: Q3 2024 – Order Intake of €3.7 bn Lifetime Sales
2 | Automotive Q3 2024 – Order Intake of €3.7 bn Lifetime Sales Order Intake Q3 20241 (€ bn) Highlights Safety and Motion: €1.8 bn › Three major awards for electronic parking brakes › Multiple orders for air suspension systems, 0.2 sensors and latest generation brake systems 0.8 0.4 User Experience:
Slide 9: Tires Q3 2024 – Sales and Adjusted EBIT
3 | Tires Q3 2024 – Sales and Adjusted EBIT Sales (€ mn) Adjusted EBIT1 (€ mn) Sales › Impact from FX: -1.5% 3,429 +3.5% 3,495 14.5% › Volumes: +2.0%, improved sales in 13.3% 507 replacement markets in EMEA and APAC; stabilization in the European and North 454 American replacement markets for truck
Slide 10: ContiTech Q3 2024 – Sales and Adjusted EBIT
4 | ContiTech Q3 2024 – Sales and Adjusted EBIT Sales (€ mn) Adjusted EBIT1 (€ mn) Sales › Impact from FX: -1.8% 6.5% › Automotive OE and the industry markets -8.2% 1,711 remain weak, especially in Europe and North 111 America 1,541 › Persistent industry weakness particularly in 4.5% manufacturing,
Slide 11: Adjusted Free Cash Flow Burdened from Higher Working Capital
5 | Cash Flow Adjusted Free Cash Flow Burdened from Higher Working Capital Cash Flow Q3 2024 (€ mn) Operating Investing1 Adjusted Free Cash Flow1 Operating Cash Flow › Improved operating result › Increase in working capital due to seasonally higher accounts receivables 985 › Burden through restructu
Slide 12: 2024 Outlook – Main Markets
6 | 2024 Outlook – Main Markets Vehicle Production Replacement Tires1 Industrial Production Passenger Cars & Light Trucks Q3 2024 2024E Q3 2024 2024E Q3 2024 2024E -4% to -2% Europe -6% -6% to -4% +4% 0% to +3% Eurozone -1.6% -2% to 0% -2% to 0% North America -5% +1% -1% to +2% USA -0.4% -1% to +1%
Slide 13: 2024 Outlook Adjusted
6 | 2024 Outlook Adjusted 2024E Continental Group consolidated sales Around €39.5 bn – €42.0 bn (prev. ~ €40.0 bn – €42.5 bn) Adj. EBIT1 margin Around 6.0% – 7.0% Automotive sales Around €19.5 bn – €21.0 bn Adj. EBIT1 margin Around 2.5% - 3.5% Tires sales Around €13.5 bn – €14.5 bn Adj. EBIT1 margin
Slide 14: Public
Public
Slide 15: Disclaimer
Disclaimer › This presentation has been prepared by Continental Aktiengesellschaft solely in connection with the Analyst and Investor Call on November 11, 2024, and the subsequent analyst and investor meetings. It has not been independently verified. It does not constitute an offer, invitation or re
Slide 16: Back-up
Back-up 9M 2024 Results © Continental AG Public November 11, 2024 16 Public
Slide 17: Capex, Depreciation and Earnings per Share – Q3 2024
Back-up Capex, Depreciation and Earnings per Share – Q3 2024 Capex, Depreciation and PPA1 (€ mn) EPS excl. PPA1, 2 (€) 586 511 507 523 0.10 2.43 2.53 5.7% 5.2% 29 27 1 1, 2 Q3 2023 Q3 2024 EPS reported PPA per share after tax 2 EPS excl. PPA ■ Capex (PPE & software), percentage of sales | ■ Deprecia
Slide 18: Relevant Bonds
Back-up Relevant Bonds 1 Contracted rating since May 19, 2000. 2 Contracted rating since November 7, 2013. 3 Contracted rating since January 1, 2019. 9M 2024 Results © Continental AG Public November 11, 2024 18 Public
Slide 19: Regional Production vs. Sales Growth in 9M 2024
Automotive Regional Production vs. Sales Growth in 9M 2024 Europe1 North America1 China1 Worldwide1 ∆ Y-o-Y in % ∆ Y-o-Y in % ∆ Y-o-Y in % ∆ Y-o-Y in % ~ 0%pt 2% -1% -1% -2% -2% -4% -4% -6% Europe: share of sales1 North America: share of sales1 China: share of sales1 PC< production weighted 9M 202
Slide 20: Fact Sheets 2023 – Q3 2024
Fact Sheets 2023 – Q3 2024 9M 2024 Results © Continental AG Public November 11, 2024 20 Public
Slide 21: Sales and Adjusted EBIT by Quarter
Fact Sheets Sales and Adjusted EBIT1 by Quarter 1 Before amortization of intangibles from PPA, changes in the scope of consolidation and special effects. 9M 2024 Results © Continental AG Public November 11, 2024 21 Public
Slide 22: EBITDA and EBIT by Quarter
Fact Sheets EBITDA and EBIT by Quarter 9M 2024 Results © Continental AG Public November 11, 2024 22 Public
Slide 23: Reported and Adjusted 9M 2024 Results
Fact Sheets Reported and Adjusted 9M 2024 Results 1 Before amortization of intangibles from PPA, changes in the scope of consolidation and special effects. 9M 2024 Results © Continental AG Public November 11, 2024 23 Public
Slide 24: Financial Calendar and Upcoming Investor Meetings
Continental Financial Calendar and Upcoming Investor Meetings 2024 Upcoming Roadshows and Conferences Full-Year Results March 7, 2024 › UBS European Conference (CFO) › November 13, London Annual Shareholders’ Meeting April 26, 2024 › Roadshow Germany (CFO) › November 14, Frankfurt Q1 Quarterly State
Slide 25: References
References 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 Sustainability Repor
Slide 26: Contact
Contact Investor Relations Continental-Plaza 1 e-mail: ir@conti.de 30175 Hanover fax: +49 511 938 1080 Germany www.continental-ir.com Rachel Arellano phone: +49 511 938 10478 Director Investor Relations e-mail: rachel.arellano@continental.com Max Westmeyer phone: +49 511 938 13650 Head of Investor R