Offering of Shares Set for September 18 (as per Conti) - Stock Exchange Listing for Aumovio Scheduled for September 18 (As Per Conti's Announcement)
Continental Announces IPO Date for Automotive Parts Division Aumovio
Continental AG, a leading tire manufacturer and auto supplier based in Hanover, has announced that its automotive parts division, Aumovio, will go public through an Initial Public Offering (IPO) on the Frankfurt Stock Exchange. The IPO is scheduled for September 18, 2025, coinciding with the IAA Mobility event from September 9-12, 2025 [1][4].
The decision to take Aumovio public follows a strategic move made earlier in 2024, with approvals from Continental AG’s boards and preparations underway to separate the automotive technologies division from the tire and ContiTech sectors, which will remain with Continental [3][5].
Aumovio's financial results for the second quarter have shown improvement, with the adjusted EBIT margin rising from 2.9% to 4.0% due to cost-cutting and price increases [2]. Despite a 4.1% decline in total revenue to 9.6 billion euros during the same period, more of it translated into profit, with net income surging by two-thirds to 506 million euros [2]. However, the return of the tire segment, which will remain with Continental, saw a slight decrease from 14.7% last year to 12% due to U.S. tariffs and exchange rates [2].
The IPO of Aumovio is expected to attract significant interest from investors due to the growing demand for automotive parts, and the successful IPO could strengthen Continental's position in the global automotive industry. Aumovio will enter the market with €1.5 billion in cash before the spin-off completion [3][5]. The company also holds a €19.3 billion order backlog [3].
Aumovio aims to achieve sales of €24 billion by 2027 with EBIT margins between 6-8% [1]. The company targets a 10-15% market share in the advanced driver-assistance systems (ADAS) market by 2027, which is forecasted to grow at a 20% compound annual growth rate (CAGR) [1]. Aumovio also targets a return on capital employed (ROCE) of over 16% [3].
Localized production strategies in the U.S., Mexico, and China are used to enhance competitiveness and avoid tariffs [1][3]. Aumovio is positioning itself as a high-growth, high-margin software-defined mobility company with strong financial backing and market potential ahead of its planned September 2025 IPO [1][3].
The IPO of Aumovio could potentially lead to changes in the structure and strategy of Continental's automotive parts business. With the spin-off complete, Aumovio will operate as an independent entity, free to pursue its own growth strategies and partnerships.
[1] Reuters. (2025, August 5). Continental to spin off auto tech unit Aumovio in IPO. Retrieved from https://www.reuters.com/business/autos-transportation/continental-spin-off-auto-tech-unit-aumovio-ipo-2025-08-05/
[2] Continental. (2025, July 29). Continental reports strong second quarter results. Retrieved from https://www.continental-corporation.com/en/press-releases/2025/07/continental-reports-strong-second-quarter-results
[3] Automotive News Europe. (2025, August 5). Continental to spin off auto tech unit Aumovio in IPO. Retrieved from https://www.autonews.com/Europe/continental-spin-off-auto-tech-unit-aumovio-ipo
[4] IAA Mobility. (2025). About IAA Mobility. Retrieved from https://www.iaa-mobility.com/en/about-us/overview/
In the wake of Continental's decision to spin off its automotive parts division, Aumovio, the company plans to invest in vocational training for its employees to strengthen its position in the global automotive industry, aligning with its community policy.
With the successful IPO of Aumovio, the company is expected to have substantial funds for finance, potentially opening opportunities for strategic partnerships and further investments in vocational training programs, thereby furthering its growth.
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