Continental AG's revenue 1999-2019

Continental saw revenues come to around 44.5 billion euros in 2019. Europe, where Continental mainly operates, is the most important market.

Acquisitions and research drive revenue growth

The German automotive supplier has taken over many other companies in the automotive sector, including Siemens VDO, Emitec, and Veyance. In 2019, Continental separated its Powertrain division into its own legal entity, which also incurred expenses. The company's diversification and consolidation strategy has contributed to large current operations. Additionally, the company has among the highest R&D intensities in the world.

Summary of operations

In 1871, Continental began as a manufacturer of rubber fabrics and products in Hanover. The company developed pneumatic tires before providing other automotive parts such as interior, powertrains and chassis. Hannover remains the center of operations, and Germany provides one in four workers. Continental’s operations are split into two groups: the rubber group, responsible for pneumatic tires and conveyor belts, and the automotive group, responsible for everything else, brakes, connectivity and engines. Both segments have been growing at similar rates. In 2014 and 2015, these two groups saw significant acquisitions, expanding Continental’s operations. Ford, BMW, Daimler, VW, and GM are among Continental's key customers.

Continental AG's revenue from FY 1999 to FY 2019

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Source

Release date

March 2020

Region

Worldwide

Survey time period

FY 2008 to FY 2019

Supplementary notes

Prior to 2018 were taken from previous annual reports. Data from all fiscal years since 2004 has been reported according to IFRS standards. Data from 1999 to 2003 has been reported according to U.S. GAAP standards.
One euro is approximately equal to 1.1199 U.S. dollars (as of December 31, 2019).

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