Continental: Sales stable, EBIT lower in Q1 2019

Sales at Continental remained level in the first quarter of 2018, matching the 11.0 billion euros achieved a year earlier. Adjusted EBIT for the period amounted to 884 million euros, a 17.1 per cent year-on-year decrease. The adjusted EBIT margin was 8.1 percent (9.7 per cent in Q1 2018).

The tyre maker and automotive sector supplier is presenting its full Q1 2019 financials at its Annual Shareholders’ Meeting today.