Continental posts Q2 profit beat, keeps tyre guidance as costs loom
Continental reported a Q2 profit beat while keeping annual guidance for its core tyres business unchanged. It expects raw material tailwinds seen earlier in 2026 to reverse in the second half. Tyre volumes fell 2.3%, but the adjusted operating margin rose to 15.3%. Excluding ContiTech, group sales are forecast at about €13.2–€14.2 billion with an adjusted operating margin of 12%–13.5%, following a planned sale of ContiTech agreed in July.