Continental moves from a loss to a profit of 823 million by September

Continental reported a profit of 823 million euros by September, recovering from a loss of 182 million euros the previous year. Revenue fell by 11.4% to 10.1 billion euros due to the spin-off of certain divisions. The operational profit increased by 17.8% to 1.441 billion euros, driven by strong performance in Europe and sales of high-performance tires. Despite positive results in Asia, North and South America faced challenges due to weak replacement markets. The operational margin rose to 14.2%. The CEO expressed optimism for the remainder of the year, while the CFO warned of rising raw material costs impacting future results.