Corporate spinoff

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AUMOVIO Spinoff Gets AUMOVING- Continental Completes Spinoff Of AUMOVIO
Stock Spinoffs· 2025-09-19 01:45
As we discussed previously , Continental AG( CTTAY completed its spinoff of AUMOVIO and shares began trading in Frankfurt today . AUMOVIO is an automotive behemoth with nearly 20 Billion Euro in annual sales. The company has no debt and 1.5 Billion Euro in cash. AUMOVIO hopes to increase its adjusted EBIT margin from 2.7% in the first half of 2025 to 6-8% while growing annual sales to 24 Billion Euro. If it is able to do so, shareholders should be richly rewarded.Continental shareholders received one share ...