Continental Q2 tyre margins hit by tariffs, currency headwinds

Continental AG

05/08/2025 06:30

Aug 5 (Reuters) - German car parts supplier Continental CONG.DE reported a slightly lower than expected second-quarter profit margin for its core tyres business on Tuesday, citing headwinds related to U.S. import tariffs and foreign exchange rates.

The company said its adjusted earnings before interest and taxes (EBIT) margin rose 12% in the April-June period, down from 14.7% a year ago, compared to a company-compiled consensus of 12.5%.

In June, the firm cut its profitability targets for both its core tyre business and the broader group.

 (Reporting by Amir Orusov in Gdansk)

 ((Amir.orusov@thomsonreuters.com))