Continental Raises Annual Forecasts Following Strategic Shift to Tire Manufacturing

Continental AG raised its annual forecasts on November 4, 2026, citing strong performance and profitability in its premium tire business. The company has shifted to a pure-play tire manufacturer after spinning off automotive components unit Aumovio in September 2025 and selling ContiTech to Lone Star for 4 billion euros in July 2026. Continental shares rose 5.10% on the Frankfurt Stock Exchange following the announcement.