Former Continental automotive division spins off with €3.5 billion market capitalization, targeting long-term sales growth to €24 billion through software-defined vehicle technologies and global expansion.
18 Sep 2025 | 5179 Views | By Sarthak Mahajan
AUMOVIO SE commenced trading on the Frankfurt Stock Exchange today, marking the completion of its spin-off from Continental AG as an independent automotive technology company. The stock opened at €35.00 per share, establishing a market capitalization of €3.5 billion.
The newly independent company operates under ticker symbol AMV0 and ...
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AUMOVIO SE commenced trading on the Frankfurt Stock Exchange today, marking the completion of its spin-off from Continental AG as an independent automotive technology company. The stock opened at €35.00 per share, establishing a market capitalization of €3.5 billion.
The newly independent company operates under ticker symbol AMV0 and continues the business of Continental's former Automotive group sector. AUMOVIO shareholders received their stakes through a distribution to Continental shareholders at a ratio of one AUMOVIO share for every two Continental shares held.
"Today's listing marks the start of a new era in our history," said CEO Philipp von Hirschheydt during the listing ceremony. The company positions itself as a provider of hardware and software solutions for the automotive industry, focusing on technologies for connected and autonomous vehicles.
AUMOVIO reported sales of €19.6 billion in 2024 and employs over 86,000 people across more than 100 global locations. The company's product portfolio includes sensor solutions, displays, braking systems, comfort systems, and software platforms for vehicles.
The company enters independence with €1.5 billion in cash and access to a €2.5 billion credit facility, maintaining no financial debt as of June 30, 2025. AUMOVIO's adjusted EBIT margin improved to 2.7 percent in the first half of 2025, up from 2.5 percent for the full year 2024.
Management has outlined long-term financial targets, including sales growth to more than €24 billion and an adjusted EBIT margin of 6.0 to 8.0 percent. The company expects the value per vehicle in its product segments to grow by 4 to 5 percent annually through 2029.
IHO-Group, the investment arm of Schaeffler Group, holds approximately 46 percent of AUMOVIO's roughly 100 million outstanding shares. The company has announced a medium-term dividend policy targeting 10 to 30 percent of net income attributable to shareholders.
AUMOVIO trades on the Frankfurt Stock Exchange's Prime Standard under ISIN DE000AUM0V10 and WKN AUM0V1. The company maintains its headquarters in Frankfurt, Germany.