EarningsQ2 2026 Earnings Report
MX:CONN Q2 2026 EPS Results
Actual EPS$23.99
Consensus EPS$29.32
Beat/MissMissed by -$5.33
One Year Ago EPS$39.42
MX:CONN Q2 2026 Revenue Results
Actual Revenue$68.06B
Expected Revenue$90.34B
Beat/MissMissed by -$22.27B
YoY Revenue Growth-31.63%
Earnings Announcement Details
QuarterQ2 2026
Date08/04/2026
TimeBefore Open
Conference CallTuesday, August 4, 2026
MX:CONN Upcoming Earnings
Continental Aktiengesellschaft's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:CONN Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented several material positive developments: a signed high-value divestment (ContiTech) with clear planned shareholder returns, stronger profitability and margins (notably in Tires), and a sizeable free cash flow improvement. These positives are tempered by ongoing volume weakness, regional replacement-demand caution, a forecasted raw-material cost headwind in H2 (low- to mid-triple-digit million euros), and a pro forma leverage of 2.0x that still needs reduction toward the 1x target. Management maintained a conservative stance on H2 but confirmed guidance for continuing operations and outlined a clear use of ContiTech proceeds. Overall, operational improvements and the strategic disposal materially outweigh the near-term challenges, though execution risks (raw materials, volumes, and deleveraging) remain.Company Guidance
ContiTech sale signed — large proceeds and shareholder returns planned
Signed sale of ContiTech to Lone Star for an enterprise value of EUR 4.0 billion plus up to EUR 250 million performance-based; expected net cash proceeds at closing ~EUR 3.1 billion. Plan to use ~EUR 2.5 billion for shareholder returns (special dividend and/or buybacks) and ~EUR 600 million for deleveraging, supporting target leverage below 1x by 2029.
Improved group profitability
Group adjusted EBIT increased to EUR 570 million in Q2, with an adjusted EBIT margin of 12.9% (up from 9.6% prior-year quarter).
Tires business delivered strong margin and positive mix
Tires adjusted EBIT was EUR 510 million with a margin of 15.3% (quarterly peak), price/mix contribution +2.6%. Organic growth in Tires reported at +0.3% despite softer volumes.
Significant free cash flow improvement
Adjusted free cash flow improved to EUR 216 million in Q2 (from minus EUR 46 million in Q2 2025), an increase of roughly EUR 250 million year-over-year, driven by better operating performance, favorable working capital timing and H2-weighted CapEx.
Guidance for continuing operations confirmed
Updated guidance (post-ContiTech as discontinued): consolidated sales around EUR 13.2–14.2 billion and adjusted EBIT margin ~12.0%–13.5%; adjusted free cash flow expected EUR 0.7–1.1 billion. Management expects operational assumptions unchanged and profitability in the upper half of the Tires corridor.
Market/region outperformance pockets
EMEA Tires organic growth +2.4%; APAC showed positive organic growth with outperforming OE in China (increasing UHP OE volumes despite declining vehicle production). Truck OE signs of recovery in North America.
Higher-value mix growth — UHP exposure
Ultra-high-performance (UHP) share is high and rising: management cited ~62% UHP share on Conti brand PLT sales (~55% excluding Conti brand), driving favorable mix and margin.
MX:CONN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed