Overview

• Aumovio’s flotation marks Frankfurt’s largest IPO so far this year in a subdued listings market.
• CEO Philipp von Hirschheydt called the launch a fresh start, positioning the company to accelerate software-defined vehicle technologies.
• Continental shareholders received one Aumovio share for every two Continental shares, with roughly 100 million Aumovio shares outstanding and IHO-Group holding about 46 percent.
• Continental is refocusing on its tyre business while pursuing an industrial-division spin-off and previously announced cuts of about 10,000 jobs out of roughly 190,000 roles.
• The former division posted €19.4 billion in 2024 sales, down 4.3 percent year over year, and begins life as Aumovio debt-free with €1.5 billion in cash, a €2.5 billion credit facility, and an adjusted EBIT margin of 2.7 percent in the first half of 2025.