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Continental well positioned in face of tariff uncertainty, CFO says

ReutersMay 6, 2025 8:00 AM

- German parts supplier Continental CONG.DE is well positioned to absorb the impact of global trade tensions and the group's full-year guidance would not automatically change in the case of further tariffs, its CFO told Reuters on Tuesday.

"It is clear, including when we look at how solid we are after the first quarter, if there are further tariffs or burdens as a result, this does not mean that we automatically have to adjust our annual outlook immediately," chief executive Olaf Schick said.

Continental imports most of its automotive parts to the United States from Mexico. The majority are in line with a free trade agreement between those countries, Schick said, adding that it was important to expand such imports.

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