Aumovio SE
AMV0: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| yxc | LOCK|Zb | LOCK|B<$S@b |
Aumovio Earnings: Well-Contained Research and Development Spend Keeps Profitability Stable
Aumovio's second-quarter underlying sales declined 8.6%, and adjusted EBIT declined 9.2%, with a stable margin of 3.5% and free cash flow relatively flat. For the half-year, adjusted EBIT is flat, and normalized free cash flow improved 34%, despite sales being 8% lower.
