Announcements
AutoWallis is buying a fleet management division: the Group is further expanding its services portfolio
The AutoWallis Group is conducting an acquisition of key importance to its strategy and margin generation capabilities by agreeing with the Nelson Group on the purchase of its fleet management division. In addition to expanding its market, the step is also important because it brings a significant profit-making activity to the automotive company registered on the Hungarian stock exchange. The acquisition is yet another step in the direction of expanding mobility services and, in addition to providing services with a good margin, it results in important synergies for the Group.
2022.12.10.
Read moreConcorde: Buy recommendation and a 12-month price target of HUF 199 for AutoWallis
With a buy recommendation maintained, Concorde Securities Ltd. raised their 12-month target price on shares of AutoWallis Plc to HUF 199 in a recent analysis. The previous target price was 167 forint.
2022.12.02.
Read moreAutoWallis continues to grow: results double as revenue soars in the first nine months
AutoWallis Group’s revenue and profits have set new records in the first three quarters after the automotive company registered on the stock exchange enjoyed excellent results during the summer months as well. Moreover, revenue and profits for the first three quarters significantly surpassed the figures for all of last year. The Company’s revenue grew by almost 50 percent and its net profits almost quadrupled in nine months. Earnings per share amounted to HUF 17.3, which is almost double the amount for all of last year. The excellent figures are primarily attributable to the consistent implementation of the growth strategy, thus to organic and acquisition-based growth as well as to a tight budget management, but individual effects also manifest themselves within these results.
2022.11.30.
Read moreThe cooperation between AutoWallis, ALTEO, and Opel supports the spread of electric vehicles
Owners of electric Opel vehicles will be able to buy not only vehicle chargers but will also receive access to sustainable energy solutions: thanks to the coordination of e-mobility-related services between the AutoWallis Group and ALTEO, owners of electric Opel vehicles will be offered a complex solution that ensures reliable and cheaper electric vehicle use. As part of this strategic cooperation, customers will be able to purchase vehicles, charging equipment, and related services from Opel dealers, including paired with solar panel systems and energy storage solutions starting in 2023.
2022.11.09.
Read moreComposition of share capital and number of voting rights attached to the shares
AutoWallis Plc. (1055 Budapest, Honvéd utca 20.; hereinafter referred to as „Company”) in line with Clause 54 (9) of the Act No. CXX/2001 on capital markets, hereby publishes the composition of share capital of the Company and the number of voting rights attached to the shares.
Composition of share capital as of 31 October 2022:
2022.10.28.
Read moreAutoWallis shows no signs of slowing down: double-digit growth across the board
The AutoWallis Group is continuing its path of growth after all business units experienced double-digit growth in all areas in the first nine months of the year, with sales in many areas already higher than last year as a whole. This means that the crisis-resistant strategy of the Group, present in 14 countries in the region, has allowed it to break with domestic and international trends and continue along the path of realizing its plans. In the first three quarters, AutoWallis’s vehicle sales grew by 27.1 percent, with the number of service hours also seeing a similar rate of growth. Vehicle rentals experienced even greater growth: the number of rental events increased by 64 percent and the number of rental days by 31 percent.
2022.10.17.
Read moreComposition of share capital and number of voting rights attached to the shares
AutoWallis Plc. (1055 Budapest, Honvéd utca 20.; hereinafter referred to as „Company”) in line with Clause 54 (9) of the Act No. CXX/2001 on capital markets, hereby publishes the composition of share capital of the Company and the number of voting rights attached to the shares.
Composition of share capital as of 30 September 2022:
2022.10.03.
Read moreTwo new directions for the AutoWallis Group: The targets are Austria and online sales
The AutoWallis Group has set its sights on online sales and Western Europe, providing the foundation for both with a significant acquisition and business development in both areas. The automotive company registered on the Hungarian stock exchange may acquire Net Mobilitás Zrt., which operates the JóAutók.hu and Autó-Licit.hu websites, and is entering the Austrian market with as importer for SsangYong vehicles. These announcements are in line with AutoWallis’s strategy announced last year, the aim of which remains to more than double 2021 revenue to over HUF 400 billion by 2025.
2022.09.21.
Read moreAutoWallis saw enormous growth in the first half: Earnings per share increased by more than two and a half times
In the first half, the growth of AutoWallis’s profits exceeded even its 34 percent increase in revenue, leading the listed vehicle company to again close a new record half-year. The company’s net profit increased more than three-fold and its EBITDA more than doubled, meaning earnings per share was HUF 9 in the first half, more than at any time during the previous year. These excellent results are not unique but are part of a long-term trend; accordingly, AutoWallis also expects to set new records in all areas for the year as a whole.
2022.08.31.
Read moreNumber of voting rights and composition of share capital as of 31 July 2022
AutoWallis Plc. (1055 Budapest, Honvéd utca 20.; hereinafter referred to as „Company”) in line with Clause 54 (9) of the Act No. CXX/2001 on capital markets, hereby publishes the composition of share capital of the Company and the number of voting rights attached to the shares.
2022.08.01.
Read moreAutoWallis is picking up the pace: new sales records in all areas
The AutoWallis Group is breaking records in all of its business segments, with 60 percent of last year’s total annual vehicle sales already achieved in the first six months of this year. The group, which is present in 14 countries in the region, sold 15,379 vehicles in the first half of the year, up 32 percent on the previous year, despite the series of difficulties experienced by the automotive industry. At 44 percent, the greatest growth was seen by the Distribution Business Unit, with the vehicle sales of the Retail & Services Business Unit also seeing growth above 10 percent and the number of service hours increasing by 24 percent. The Group’s vehicle rental division also performed well even before the summer peak season: the number of rental events more than doubled and the number of rental days increased by almost a quarter.
2022.07.15.
Read moreResolutions of the Extraordinary General Meeting of AutoWallis Nyrt held on 1 July 2022
2022.07.01.
Read moreNumber of voting rights and composition of share capital as of 30 June 2022
AutoWallis Plc. (1055 Budapest, Honvéd utca 20.; hereinafter referred to as „Company”) in line with Clause 54 (9) of the Act No. CXX/2001 on capital markets, hereby publishes the composition of share capital of the Company and the number of voting rights attached to the shares.
2022.06.30.
Read moreProposals for the Extraordinary General Meeting of AutoWallis Nyrt. to be held on 01.07.2022
2022.06.10.
Read moreInvitation to the Extraordinary General Meeting
INVITATION TO THE EXTRAORDINARY GENERAL MEETING OF AUTOWALLIS NYILVÁNOSAN MŰKÖDŐ RÉSZVÉNYTÁRSASÁG TO BE HELD ON 1 JULY 2022
2022.05.31.
Read moreComposition of share capital and number of voting rights attached to the shares on 31.05.2022
2022.05.31.
Read moreAutoWallis sees record revenue and earnings despite industry challenges
AutoWallis Group, present in 14 countries in the region, closed the first quarter with growth that far exceeded the market average and an exceptional improvement in efficiency. The Group’s net earnings increased more than five-fold to HUF 1.9 billion, its EBITDA more than doubled to HUF 3.1 billion, and its revenue increased by 18 percent. This growth was organic only, driven mainly by the expansion of the Distribution Business Unit.
2022.05.28.
Read moreAutoWallis to gain ownership of the real estate housing to Ljubljana dealerships
AutoWallis will gain ownership of the real estate home to the largest BMW dealership in Slovenia. The automotive company registered on the Hungarian stock exchange is to acquire the property in central Ljubljana after having taken over the BMW dealership it houses in 2020 and then opening a Land Rover dealership on it. Thanks to this series of transactions, AutoWallis has become a major player on the Slovenian market: it sells 5 vehicle brands in 5 cities and is examining the possibility of including additional brands and making new acquisitions.
2022.05.27.
Read moreInformationon the new remuneration policy under the ESOP and the conclusion of a call option
2022.05.24.
Read moreNumber of voting rights and composition of share capital as of 30 April 2022
AutoWallis Plc. (1055 Budapest, Honvéd utca 20.; hereinafter referred to as „Company”) in line with Clause 54 (9) of the Act No. CXX/2001 on capital markets, hereby publishes the composition of share capital of the Company and the number of voting rights attached to the shares.
2022.04.29.
Read moreAutoWallis Sales Report Q1, 2022
AutoWallis Group sales continue to perform above the market average. Compared to the same period last year, the automotive company registered on the Hungarian stock exchange sold 11 percent more vehicles in the first quarter, for a total of 7,410 vehicles. The Group’s vehicle rental division also performed well: the number of rental events more than doubled and the number of rental days increased by almost 30 percent.
2022.04.19.
Read moreAutoWallis to be granted Renault, Dacia and Alpine distribution rights in cooperation with a major player on the European automotive market
AutoWallis Plc. is purchasing Renault Hungária Kft. together with a major player on the European automotive market, the Portuguese Salvador Caetano Group, thus attaining exclusivity for sales of vehicles of Renault, Dacia and Alpine brands in Hungary. This transaction is submitted to the approval of the relevant competition authorities. The start of operations of the new organisation is scheduled for July 1st, 2022.
2022.04.07.
Read moreProposal for the Annual general Meeting of Autowallis
AutoWallis Plc has today published the proposals and related documents for its Annual General Meeting called for 29 April 2022.
2022.04.05.
Read moreModified Corporate events calendar for 2022
AutoWallis published its modified corporate events calendar for 2022.
2022.04.04.
Read moreNumber of voting rights and composition of share capital as of 31 March 2022
AutoWallis Plc. (1055 Budapest, Honvéd utca 20.; hereinafter referred to as „Company”) in line with Clause 54 (9) of the Act No. CXX/2001 on capital markets, hereby publishes the composition of share capital of the Company and the number of voting rights attached to the shares.
2022.03.31.
Read moreINVITATION TO THE ANNUAL GENERAL MEETING OF AUTOWALLIS TO BE HELD ON 29 APRIL 2022
The Board of Directors of AutoWallis Nyilvánosan Működő Részvénytársaság (registered address: H-1055 Budapest, Honvéd u. 20; company registration no.: 01-10-047350; Court of Registration of the Budapest-Capital Regional Court; hereinafter: “Company”) hereby convenes its Annual General Meeting (“General Meeting”).
2022.03.30.
Read moreNumber of voting rights and composition of share capital as of 28 February 2022
AutoWallis Plc. (1055 Budapest, Honvéd utca 20.; hereinafter referred to as „Company”) in line with Clause 54 (9) of the Act No. CXX/2001 on capital markets, hereby publishes the composition of share capital of the Company and the number of voting rights attached to the shares.
2022.02.28.
Read moreNumber of voting rights and composition of share capital as of 31 January 2022
AutoWallis Plc. (1055 Budapest, Honvéd utca 20.; hereinafter referred to as „Company”) in line with Clause 54 (9) of the Act No. CXX/2001 on capital markets, hereby publishes the composition of share capital of the Company and the number of voting rights attached to the shares.
2022.01.31.
Read moreAutoWallis Sales report Q1-Q4, 2021
In line with its strategic plans, AutoWallis sales set new records in all areas in 2021. The Group is present in 14 countries in the region and tripled its figures from the previous year, selling more than 25 thousand vehicles last year. Within this figure, the sales of the Retail & Services Business Unit more than doubled to 8.5 thousand and sales of the Distribution Business Unit quadrupled to 16.5 thousand. The vehicle rental sector also showed strong figures: after the drop due to the pandemic in the previous year, the number of rental days exceeded 2019 levels, increasing by more than one and a half times to over 164 thousand in 2021. The number of service hours also showed a positive trend, doubling to over 130 thousand. The Group’s explosive growth was thanks to both organic development and its transactions.
2022.01.17.
Read moreNumber of voting rights and composition of share capital as of 31 December 2021
AutoWallis Plc. (1055 Budapest, Honvéd utca 20.; hereinafter referred to as „Company”) in line with Clause 54 (9) of the Act No. CXX/2001 on capital markets, hereby publishes the composition of share capital of the Company and the number of voting rights attached to the shares.
