Continental Is a Highly Cash-Generative, Less Cyclical Business Following the Aumovio Spinoff

Continental is going through a period of portfolio optimization to unlock maximum value for its shareholders. This began with the spinoff of the group’s powertrain unit, Vitesco Technologies, in 2021. On Sept. 18, 2025, Aumovio—the group’s automotive parts division—will be separately listed. Toward the end of 2025, we expect the sale of the majority of ContiTech’s highly cyclical and margin-dilutive automotive-facing business. This will immediately improve the profitability of the remaining ContiTech business, which is also intended to be sold to a strategic buyer by the end of 2026. Following this transformation, Continental will be a pure-play branded tire company.