Annual Report Ideas Unite.

Transcription

1 Annual Report 2009 Ideas Unite.

2 The whole is greater than the sum of its parts. This principle has existed since ancient times and still applies today. We follow this principle, linking our success elements in a wide variety of ways. Take our divisions, for example. Each and every one of them is a strong, inno vative and extremely productive unit on its own. But only when they are put together as a high-performance team do they make up Continental, and thus one of the world s leading partners to the automotive and other key industries. This is made possible by cross-divisional exchange of knowledge, networked cooperation, and a focus on our shared vision of making individual mobility safer, more comfortable and more forwardlooking in the interest of sustainability.

3 Continental Corporation in millions Δ in % Sales 20, , EBITDA 1, , in % of sales EBIT -1, in % of sales Net income attributable to the shareholders of the parent -1, , Earnings per share (in ) Adjusted sales 1 19, , Adjusted operating result (adjusted EBIT) 2 1, , in % of adjusted sales Free cash flow 1, Net indebtedness 8, , Gearing ratio in % Total equity 4, , Equity ratio in % Number of employees at the end of the year 3 134, , Dividend in Share price (high) in Share price (low) in Before changes in the scope of consolidation. Before amortization of intangible assets from purchase price allocation (PPA), changes in the scope of consolidation, and special effects. Excluding trainees.

4 Continental s Core Business Areas Automotive Group in millions Δ in % Sales 12, , EBITDA , in % of sales EBIT -1, , in % of sales Adjusted sales 1 11, , Adjusted operating result (adjusted EBIT) in % of adjusted sales Before changes in the scope of consolidation. 2 Before amortization of intangible assets from PPA, changes in the scope of consolidation, and special effects. Rubber Group in millions Δ in % Sales 8, , EBITDA 1, , in % of sales EBIT in % of sales Adjusted sales 1 8, , Adjusted operating result (adjusted EBIT) 2 1, in % of adjusted sales Before changes in the scope of consolidation. 2 Before amortization of intangible assets from PPA, changes in the scope of consolidation, and special effects.

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6 Ideas Unite. Annual Report 2009

7 Dr. Elmar Degenhart, Executive Board chairman, responsible for Corporate Quality, Environment and Communications, at the Senior Executives Convention in Prague, Czech Republic. In 2009, new members joined the Executive Board, making the team complete. All together, they stand for 160 years of industrial experience and fresh ideas. The goal of the entire Continental team is to maximize the success of the company for all of its stakeholders. With that in mind, we want to substantiate and foster the faith our stakeholders have shown in us, particularly in the case of our customers. The key to our success is our high quality. To assure that quality and enhance it further, we initiated special programs in Because high quality is the basis for the growth we strive to achieve, quickly and above all profitably, and in line with the principles of sustainability. Our success is evident in the market and that is why we give customers and quality top priority.

8 Customers and Quality Have Priority. v Wolfgang Schäfer, Executive Board member, responsible for Finance, Controlling, IT and Law, with his central functions team. One of our major commitments is to maintain the confidence of our shareholders and investors in the company. The successful implementation of key elements of our refinancing package was a major step forward in this respect. The support of the banks and the great interest that new investors as well as smaller shareholders showed in the capital increase are for us explicit demonstrations of confidence in the solidity of our financial and capital structure as well as in Continental s opportunities for the future.

9 Safety for Everyone. Dr. Ralf Cramer, Executive Board member, responsible for the Chassis & Safety division, with staff from the Advanced Engineering department. The Chassis & Safety division focuses on components and complete systems for driving safety and dynamics. In future vehicles, electronic and hydraulic brake systems, driver assistance systems, sensors, airbag control units and chassis components will prevent even more accidents than they do already today, fending off risks to health and life. Here, we rely on the modularity and scalability of our products. Whether in

10 a compact car, a luxury limousine, or a commercial vehicle: Our products are designed such that a wide variety of vehicle types can be provided with the same high safety standards. This is the only way to enable safety for all road users inside and outside of the vehicle. Safety must not be reserved for only a privileged few. It must be an affordable standard for everyone.

11 Maximum Efficiency. José A. Avila, Executive Board member, responsible for the Powertrain division, with staff at the Regensburg plant. Limited raw material reserves, increasing restrictions on pollutant emissions and an ever-greater environmental awareness will make tomorrow s vehicles more economical and eco-friendlier than ever before. It is thus the goal of the Power train division to make zero-emission, energy-efficient mobility a reality. We help car manufacturers implement their strategies to utilize and optimize the various potentials of the powertrain. We develop a wide variety of components and

12 systems for the powertrain from injection systems, engine management and transmission control units, through to intelligent sensors and actuators that make the combustion engine much more efficient. Our technologies in hybrid and electric vehicles contribute to the sustainable reduction of CO 2 emissions. In this way, we are uniting the desire for individual mobility with the responsible use of scarce resources, now and in the future.

13 All You Need Do Is Drive. The Interior division s key focus is information management in the vehicle, which is becoming more and more important as the requirements of drivers grow with respect to operation, function, and safety. We sort the flood of information that is constantly being shared by various electronic components, process and present it to drivers in a concise manner so that it can be comprehended quickly.

14 Helmut Matschi, Executive Board member, responsible for the Interior division, with research and development staff and at a presentation of the Simplify your Drive concept. Here, we pay close attention to the wishes of the drivers, such as for different vehicle characteristics. With our Simplify your Drive operating and system concept, it is possible to choose between the Eco, Sport and Comfort profiles. In this way, drivers get as much individual convenience as possible, but only the information they actually require, so all they need do is drive.

15 Brand, Market and Opportunities. Nikolai Setzer, Executive Board member, responsible for the Passenger and Light Truck Tires division, at the launch of the new high-speed ContiSportContact TM 5 P tire in Portimão, Portugal. We have been developing and producing tires for cars since Today, Continental is the best known tire brand in Germany, and we are the market leader for OE tires in Europe. For more than 100 years, technological know-how and innovative prowess have been a part of the company s DNA. We are spurred on by our relentless desire to further develop the tire. Knowledge transfer within the corporation links high-tech brake systems ex pertise with tire development, as the maximum transmission

16 of forces and tracking precision are among the main demands on our products, in addition to optimum mileage performance. Out standing customer satisfaction and a multitude of victories in international tire tests confirm time and again: Continental is a premium class tire with a special focus on features to maximize driving safety. Each and every day, our success continues to substantiate the positive features of our brand and thus also our position in the global market.

17 For the customers of the Commercial Vehicle Tires division, effi ciency has top priority. Accordingly, our formula for success is to harmonize product characteristics and tire services for each customer segment and each application, making it possible for companies to cut operating costs substantially whether transporting goods, moving people, or working at construction sites. By reducing the rolling resistance and inspecting tires on a regular basis,

18 Less Is More. Hans-Joachim Nikolin, Executive Board member, responsible for the Commercial Vehicle Tires division and Corporate Purchasing, at the launch of the new truck tire generation in Arvidsjaur, Sweden. we optimize factors like fuel economy and the total mileage performance of the tire in its first and second lives (ContiLifeCycle). In view of the fact that some 75% of freight in Europe alone is transported on the road, we feel a commitment to sustainability: With innovative tire technologies and profes sional service, we make our contribution to reducing pollution levels. So that road transport is justifiable in the future as well, from both an ecological and economical point of view.

19 At ContiTech, we seek answers to the economic and social questions posed by the future and we find them. The quality of people s lives as well as the idea of protecting nature and the environment guide us in our pursuits. That is why we develop products from the renewable material of the future: rubber. Furthermore, we lead the field in plastics technology. In many key industries, our actions have a positive effect on the environment, since when it comes to sustainability,

20 Renewable Material of the Future. Heinz-Gerhard Wente, Executive Board member and director of labor relations, responsible for the ContiTech division and for Corporate Human Resources, in a wind turbine park and at the Senior Executives Convention in Prague, Czech Republic. our expertise in materials and technology matches up perfectly with the needs of society. Robust bearing components for costefficient wind turbines or conveyor belts for the climate-friendly transportation of raw materials are just two examples. As an experienced partner to the automotive industry, we are also working on innovations for sustainable mobility, creating technical solutions with which clever ideas and forward-looking concepts for upcoming vehicle generations can be realized.

21 Financial Calendar 2010 Annual Financial Press Conference Analyst Conference Annual Shareholders Meeting Interim Report as of March 31, 2010 Half-Year Financial Report as of June 30, 2010 Interim Report as of September 30, 2010 February 23 February 23 April 28 May 4 July 29 November Annual Financial Press Conference Analyst Conference Annual Shareholders Meeting Interim Report as of March 31, 2011 Half-Year Financial Report as of June 30, 2011 Interim Report as of September 30, 2011 February February April April July October 246

22 Contact Data This Annual Report is also published in German. The financial statements of Continental Aktiengesellschaft are also available in English and German. If you wish to receive copies of any of these reports, please contact: Continental AG, Corporate Communications P.O. Box 169, Hanover, Germany Phone: , Fax: The Annual Report and the interim reports are available on the Internet at: Acknowledgements Published by: Continental Aktiengesellschaft, Hanover, Germany Corporate Communications Concept and Design: brunsmiteisenberg werbeagentur, Hanover, Germany Printing and Processing: BWH GmbH, Hanover, Germany printed climateneutrally Logo Climate Partner

23 Continental Aktiengesellschaft, P.O. Box 169, Hanover, Germany Vahrenwalder Straße 9, Hanover, Germany Phone , Fax , Continental AG is an Official Sponsor of the 2010 FIFA World Cup South Africa.