Continental AG - Company Profile
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Business Description
Continental AG (Continental) manufactures and sells brake systems; components for powertrains and chassis, vehicle electronics, instrumentation, infotainment solutions, tires and technical elastomers. Continental operates through four reportable business segments: Tires, Automotive, Contract Manufacturing and ContiTech. In FY2023, the company's capital expenditure stood at EUR2,142.7 million, which grew 1.2% YoY.
R&D Overview
The company focuses on research and development through enhanced technologies related to high degree of connectivity, safety, and convenience. It enhances its services through R&D, by expanding its LiDAR technology portfolio, and developing digital tire-monitoring solution and conveyer belt systems. R&D efforts focus on developing new solutions and technologies in drive safety, drive automation, electric mobility and connectivity fields. In FY2023, Continental spent EUR2,896.4 million on R&D, which as a percentage of its sales stood at 7% and grew by 4.9% YoY.
Business Segments
Overview
Includes innovative solutions for assisted and automated driving, display and operating technologies, audio and camera solutions for the vehicle interior as well as intelligent information and communication technology. Offerings: technologies for safety, brake, chassis, motion and motion-control systems In FY2023, the segment's capital expenditure stood at EUR1,226.3 million, which decreased 8.6% YoY.
Performance
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Overview
Develops, manufactures, and markets functional parts, intelligent components and systems. It serves customers in the machine and plant engineering, mining, agriculture, and automotive industries. In FY2023, the segment's capital expenditure stood at EUR209.6, which grew 4.9% YoY.
Performance
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Overview
Comprises contract manufacturing for Vitesco Technologies. In FY2023, the segment's capital expenditure stood at EUR6.7 million, which decreased 32.3% YoY.
Performance
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Overview
Offers digital tire monitoring and tire management systems, in addition to other services, with the aim of keeping fleets mobile and increasing their efficiency. Brands: Continental, Semperit, Barum, Uniroyal, Viking, Gislaved, Mabor, General Tire, Matador, and Sportiva. In FY2023, the segment's capital expenditure stood at EUR966.6 million, which grew 18.1% YoY.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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