Christian Krutz
Chief Executive Officer
Replay available
Contl Ag S/Adr (OTC: CTTAY) Q2 2026 earnings conference call, held 2026-08-04. Replay captured from the company's public earnings webcast.

Chief Executive Officer
Head of Investor Relations
Chief Financial Officer
Analyst, Kepler Cheuvreux
Analyst, Bernstein
Analyst, J.P. Morgan
Analyst, Citi
Ladies and gentlemen, and welcome to the Continental AG Analyst and Investor Call Q2 Results 2026. The conference will be recorded. At this time, all participants have been placed on a listen-only mode. The floor will be open for questions following the presentation. Let me now turn the floor over to your host, Max Westmeyer, Head of Investor Relations. Yes, thank you very much, and welcome, everyone. Today's call is hosted by our CEO Christian Krutz and our CFO Roland Welsbacher. A quick reminder that both the press release and the presentation of today's call are available for download on our investor relations website. Before we start, I'd like to remind everyone that this conference call is for investors and analysts only. If you do not belong to either of these groups, please disconnect now. Following the presentation, we will conduct a Q&A session for the sales side analysts in this call, as usual. To give everyone the opportunity to ask questions, we kindly ask you to limit yourselves to no more than three questions. And with that, over to you, Christian, for the Q2 key messages. Thank you, Max, and welcome everyone online also from my side. Thank you for joining us today. Let me start. This is strategic milestone we announced in July. As you know, Continental has signed the sale of its Contitech Group Sector to Lone Star on July 4th, which is fully in line with the timing that we have always indicated to the capital market. And we could still close the transaction by the end of 2026, of course, subject to regulatory approvals and other closing conditions. That does also mean that we cannot rule out that the process lasts into 2027, but please rest assured that we are working hard towards closing the deal as soon as possible. As you have probably seen, the agr...