Aumovio rises; analysts start with upbeat ratings

Valeo SE

19/09/2025 08:54

** Shares in auto parts and components supplier Aumovio AMV0n.DE rise around 3% on their second trading day

** The company, spun off from German tyre maker Continental CONG.DE,
listed
 on the Frankfurt Stock Exchange on Thursday

** Deutsche Bank and J.P.Morgan start the company with "buy" and "overweight" ratings, respectively

** After the IPO, the company could act swiftly on portfolio and cost measures, which should prove to be an advantage going forward, DB says

** The achievement mid-term margin target of 4-6% and sustainable free cash flow levels would align Aumovio closer to peers, it adds

** "Aumovio should at least trade in line with its French peers, such as Valeo and Forvia, due to its powertrain-agnostic portfolio, which we think warrants a premium," JPM says

** Analysts point to a strong balance sheet without financial debt

(Reporting by Amir Orusov)

((Amir.orusov@thomsonreuters.com))