Continental shares rise after first-quarter profit jumps

5 articles · Updated · The Wall Street Journal · May 6

The German car-parts maker gained 5.5% in early European trading as net profit rose to €200 million from €68 million and sales fell 10% to €4.40 billion, slightly above forecasts.
Continental maintained its March guidance despite geopolitical headwinds, forecasting 2026 sales of €17.3 billion to €18.9 billion and an adjusted EBIT margin of 11.0% to 12.5%.
It said weak global markets hurt sales, while strong replacement-tire demand, a focus on higher-margin products and lower raw-material costs supported earnings; management expects raw-material price changes to affect results with a delay.

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