Continental Aktiengesellschaft (CTTAF) Full Year 2023 Earnings Call Transcript Summary
Continental Aktiengesellschaft (CTTAF) Full Year 2023 Earnings Call Transcript Summary
The following is a summary of the Continental Aktiengesellschaft (CTTAF) Full Year 2023 Earnings Call Transcript:
以下是大陸股票（CTTAF）2023年全年業績電話會議記錄摘要：
Financial Performance:
財務業績：
Continental Aktiengesellschaft reported FY sales of €41.4 billion, with organic growth of 6.9% and adjusted EBIT margin of 6.1%.
The company managed solid pricing management in all sectors contributing to profitability despite facing inflation.
The Tires business ended the year with a 13.6% adjusted EBIT margin result, supported by volume recovery in the replacement markets.
The full year EBIT performance was 1.9%, a 260 basis points increase from 2022.
Adjusted free cash flow for FY 2023 was €1.3 billion, slightly above the guided corridor.
大陸集團公佈的財年銷售額爲414億歐元，有機增長6.9％，調整後的息稅前利潤率爲6.1％。
儘管面臨通貨膨脹，但該公司在所有領域都進行了穩健的定價管理，從而提高了盈利能力。
在替代市場銷量回升的支持下，輪胎業務調整後的息稅前利潤率爲13.6％。
全年息稅前利潤表現爲1.9％，比2022年增長260個點子。
2023財年調整後的自由現金流爲13億歐元，略高於指導走廊。
Business Progress:
業務進展：
The company announced decisions to drive business forward and increase profitability: recalibrating the portfolio, transforming developed technologies, and initiating operational excellence measures.
For 2024, significant measures to adjust the portfolio have been started, including a planned carve-out of the underperforming Automotive business segment.
The company achieved strong organic growth across its business areas in Q4 and aims to maintain this momentum into 2024.
The focus is on innovative new products in areas on Autonomous Mobility business sector.
R&D efficiency will continue to be a main focus, with the goal of reducing the R&D to sales ratio to around 11% in the short-term and around 9% in the mid-term.
The company achieved €7.3 billion order intake for Q4, lifting the full year to more than €27 billion, with notable wins including €3.4 billion for Safety and Motion, and €1 billion for Autonomous Mobility.
該公司宣佈了推動業務向前發展和提高盈利能力的決定：重新調整產品組合，改造已開發的技術，並啓動卓越運營措施。
2024年，調整投資組合的重大措施已經啓動，包括計劃分拆表現不佳的汽車業務板塊。
該公司在第四季度實現了強勁的業務領域的有機增長，並計劃將這一勢頭保持到2024年。
重點是自動駕駛業務領域的創新新產品。
研發效率將繼續是重點，目標是在短期內將研發與銷售的比率降低到11％左右，在中期降低到9％左右。
該公司第四季度實現了73億歐元的訂單量，使全年訂單額超過270億歐元，其中顯著的勝利包括安全和運動方面的34億歐元以及自動駕駛的10億歐元。
More details: CONTINENTAL AG IR
更多詳情： 大陸航空公司
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。