Continental AG
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %> | LOCK|$xf | LOCK|Y!zLCfS@ |
Portfolio Transformation Almost Complete; Continental Close to Being a Pure-Play Tire Company
Business Strategy and Outlook
Continental is optimizing its portfolio to unlock maximum value for its shareholders. This began with the spinoff of the group’s powertrain unit, Vitesco Technologies, in 2021. In 2025, Aumovio—the group’s automotive-parts division—was separately listed. The sale of the majority of ContiTech’s highly cyclical and margin-dilutive automotive-facing business was completed in February 2026, immediately improving the profitability of the remaining ContiTech business, which is also intended to be sold to a strategic buyer around the middle of 2026. Following this transformation, Continental will be a pure-play branded tire company.
