CONTINENTAL AG Preliminary Consolidated Financial Statements 2020
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The following results and amounts are preliminary statements that have not yet been approved or adopted by the Supervisory Board.
2020 Preliminary Consolidated Financial Statements
1
Continental Group
Continental Group in € millions | 2020 | 2019 | in % |
Sales | 37,722.3 | 44,478.4 | -15.2 |
EBITDA | 3,033.8 | 4,977.2 | -39.0 |
in % of sales | 8.0 | 11.2 | |
EBIT | -718.1 | -268.3 | -167.6 |
in % of sales | -1.9 | -0.6 | |
Net income attributable to the shareholders of the parent | -961.9 | -1,225.0 | 21.5 |
Basic earnings per share in € | -4.81 | -6.13 | 21.5 |
Diluted earnings per share in € | -4.81 | -6.13 | 21.5 |
Research and development expenses (net) | 3,381.8 | 3,364.2 | 0.5 |
in % of sales | 9.0 | 7.6 | |
Depreciation and amortization1 | 3,751.9 | 5,245.5 | -28.5 |
thereof impairment2 | 876.8 | 2,509.9 | -65.1 |
Operating assets as at December 31 | 20,471.0 | 23,991.0 | -14.7 |
Operating assets (average) | 22,536.6 | 26,178.5 | -13.9 |
ROCE in % | -3.2 | -1.0 | |
Capital expenditure3 | 2,232.2 | 3,308.6 | -32.5 |
in % of sales | 5.9 | 7.4 | |
Number of employees as at December 314 | 236,386 | 241,458 | -2.1 |
Adjusted sales5 | 37,573.9 | 44,214.2 | -15.0 |
Adjusted operating result (adjusted EBIT)6 | 1,332.7 | 3,225.5 | -58.7 |
in % of adjusted sales | 3.5 | 7.3 |
1 Excluding impairment on financial investments.
2 Impairment also includes necessary reversal of impairment losses. Expenses from derecognitions of brand values are likewise included.
3 Capital expenditure on property, plant and equipment, and software.
4 Excluding trainees.
5 Before changes in the scope of consolidation.
6 Before amortization of intangible assets from purchase price allocation (PPA), changes in the scope of consolidation, and special effects.
2020 Preliminary Consolidated Financial Statements
2
Development of the Group Sector: Automotive Technologies
Automotive Technologies in € millions | 2020 | 2019 | in % |
Sales | 15,316.9 | 18,904.7 | -19.0 |
EBITDA | 498.3 | 1,727.7 | -71.2 |
in % of sales | 3.3 | 9.1 | |
EBIT | -1,440.6 | -1,445.6 | 0.3 |
in % of sales | -9.4 | -7.6 | |
Research and development expenses (net) | 2,293.6 | 2,237.9 | 2.5 |
in % of sales | 15.0 | 11.8 | |
Depreciation and amortization1 | 1,938.9 | 3,173.3 | -38.9 |
thereof impairment2 | 753.6 | 2,123.2 | -64.5 |
Operating assets as at December 31 | 7,832.8 | 9,474.0 | -17.3 |
Operating assets (average) | 8,859.0 | 10,920.1 | -18.9 |
ROCE in % | -16.3 | -13.2 | |
Capital expenditure3 | 979.3 | 1,404.3 | -30.3 |
in % of sales | 6.4 | 7.4 | |
Number of employees as at December 314 | 95,551 | 96,551 | -1.0 |
Adjusted sales5 | 15,303.1 | 18,648.3 | -17.9 |
Adjusted operating result (adjusted EBIT)6 | -280.2 | 1,115.3 | -125.1 |
in % of adjusted sales | -1.8 | 6.0 |
1 Excluding impairment on financial investments.
2 Impairment also includes necessary reversal of impairment losses. Expenses from derecognitions of brand values are likewise included.
3 Capital expenditure on property, plant and equipment, and software.
4 Excluding trainees.
5 Before changes in the scope of consolidation.
6 Before amortization of intangible assets from purchase price allocation (PPA), changes in the scope of consolidation, and special effects.
2020 Preliminary Consolidated Financial Statements
3
Development of the Group Sector: Rubber Technologies
Rubber Technologies in € millions | 2020 | 2019 | in % |
Sales | 15,639.5 | 18,012.9 | -13.2 |
EBITDA | 2,493.6 | 3,168.2 | -21.3 |
in % of sales | 15.9 | 17.6 | |
EBIT | 1,266.4 | 1,957.5 | -35.3 |
in % of sales | 8.1 | 10.9 | |
Research and development expenses (net) | 417.7 | 462.2 | -9.6 |
in % of sales | 2.7 | 2.6 | |
Depreciation and amortization1 | 1,227.2 | 1,210.7 | 1.4 |
thereof impairment2 | 36.9 | 34.8 | 6.0 |
Operating assets as at December 31 | 9,455.8 | 11,046.5 | -14.4 |
Operating assets (average) | 10,361.9 | 11,317.3 | -8.4 |
ROCE in % | 12.2 | 17.3 | |
Capital expenditure3 | 715.0 | 1,187.9 | -39.8 |
in % of sales | 4.6 | 6.6 | |
Number of employees as at December 314 | 100,327 | 102,685 | -2.3 |
Adjusted sales5 | 15,504.9 | 18,005.1 | -13.9 |
Adjusted operating result (adjusted EBIT)6 | 1,756.3 | 2,160.8 | -18.7 |
in % of adjusted sales | 11.3 | 12.0 |
1 Excluding impairment on financial investments.
2 Impairment also includes necessary reversal of impairment losses. Expenses from derecognitions of brand values are likewise included.
3 Capital expenditure on property, plant and equipment, and software.
4 Excluding trainees.
5 Before changes in the scope of consolidation.
6 Before amortization of intangible assets from purchase price allocation (PPA), changes in the scope of consolidation, and special effects.
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Continental AG published this content on 09 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2021 10:48:04 UTC.
