Continental: Revenue of 41.4 billion Euros in FY2023_Information_Excellent_Finance.com - CAIJING COM.CN

Continental: 41.4 billion euros in revenue in fiscal year 2023

Source: Caijing Author: Peng Xin 2024-03-07 18:03
Introduction

On March 7, Continental announced its financial data for fiscal year 2023. In fiscal year 2023, Continental achieved group sales of 41.4 billion euros (2022: 39.4 billion euros, an increase of 5.1%). Adjusted EBIT was 2.5 billion euros (2022: 1.9 billion euros, an increase of 31.6%), and the corresponding adjusted EBIT margin was 6.1% (2022: 4.9%). Net profit increased to € 1.2 billion in fiscal year 2023 (2022: € 67 million, up 1635%). Adjusted free cash flow was € 1.3 billion (2022:.

Continental's goal for fiscal year 2024 is to achieve sales and revenue growth (Group sales: about € 41 billion to € 44 billion, adjusted EBIT margin: about 6% to 7%). (Continental official micro blog)

Edit: An An

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