AUMOVIO Begins Trading As Independent Automotive Technology Firm

AUMOVIO SE, formerly the Automotive group sector of Continental, on Thursday officially launched its public trading journey on the Frankfurt Stock Exchange, completing its transformation from Continental AG's automotive division into a standalone automotive technology firm. The debut trading session established an opening price of €35.00 per share, resulting in a total market valuation of €3.5 billion for the newly independent entity.

Stock Exchange Debut

The newly established company has secured its position on the Frankfurt Stock Exchange under the ticker designation AMV0, continuing the operational legacy of Continental's previous Automotive group division. AUMOVIO shareholders obtained their equity positions through a systematic distribution mechanism to Continental stakeholders, with each Continental share converting to one AUMOVIO share at a 1:2 ratio.

"Today's listing marks the start of a new era in our history," CEO Philipp von Hirschheydt said in a statement during the listing ceremony. 

"The organisation has strategically positioned itself as a comprehensive provider of both hardware and software solutions designed specifically for the automotive sector, with particular emphasis on advancing technologies that enable connected and autonomous vehicle capabilities."

Global Operations Scale

AUMOVIO saw robust operational performance with reported sales reaching €19.6 billion throughout 2024, while maintaining a substantial workforce of over 86,000 employees distributed across more than 100 international facilities. The company's comprehensive product range encompasses advanced sensor technologies, vehicle displays, braking systems, comfort enhancement solutions, and integrated software platforms designed for modern vehicles.

The company has established its independence with a strong financial foundation, maintaining €1.5 billion in available cash resources and securing access to a substantial €2.5 billion credit facility. Notably, AUMOVIO entered its independent phase without any financial debt obligations as of June 30, 2025, providing significant operational flexibility for future growth initiatives.

Financial Targets

AUMOVIO's operational efficiency has shown positive momentum, with the adjusted EBIT margin advancing to 2.7 per cent during the first half of 2025, representing an improvement from the 2.5 per cent margin achieved for the complete 2024 fiscal year. The management team has established ambitious long-term financial objectives, targeting sales expansion beyond €24 billion while aiming for an adjusted EBIT margin range between 6.0 and 8.0 per cent.

Market Growth Projections

The company anticipates continued market expansion, projecting that the value per vehicle within its core product segments will experience annual growth rates of 4 to 5 per cent extending through 2029. This growth trajectory reflects the increasing integration of advanced automotive technologies in modern vehicle manufacturing.

IHO-Group, serving as the investment vehicle for Schaeffler Group, has established a significant ownership position by acquiring approximately 46 per cent of AUMOVIO's total outstanding shares, which number roughly 100 million. The company has implemented a medium-term dividend distribution policy designed to return between 10 and 30 per cent of net income attributable to shareholders.