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AutoWallis Group closed 2024 with growth and stable profits even in a variable environment
The AutoWallis Group increased its revenue to HUF 398 billion and its EBITDA results to HUF 20.2 billion. Sales were driven by retail, with the discount stocks sold last year because of the EU emission rules that enter into effect this year having a negative effect on the Group’s overall performance and sales margins. AutoWallis is continuing the implementation of its growth strategy in 2025, exploring opportunities for regional acquisitions and business development while also exploiting expansion and synergy opportunities from past transactions.
2025.02.28.
Read moreSales Report Q1-Q4, 2024: AutoWallis Group closes year with stable growth even in variable market environment
The AutoWallis Group sold 8% more vehicles in 2024, marking yet another strong year for the company listed in the Prime Market of the Budapest Stock Exchange. The Retail Business Unit saw the greatest growth, with a more than 20% increase in the sale of new and used vehicles.
2025.01.15.
Read moreAutoWallis to be granted Nissan distribution rights in Romania in cooperation with a major player on the European automotive market
AutoWallis Group is to obtain distribution rights for Nissan in Romania together with a major player on the European automotive market, the Portuguese Salvador Caetano Group, as the new national importer for the brand. This transaction is subject to the approval of the relevant competition authorities. The start of operations of the new company is scheduled for June 1st, 2025.
2024.12.23.
Read moreAutoWallis in the fast lane: the largest buyout in its history leads to the acquisition of a new branch and the launch of a new activity
The AutoWallis Group has successfully closed the largest acquisition in its history, further strengthening its position on the Czech retail market and its position as a major player in the region. The automotive company registered on the Hungarian stock exchange acquired 100% of MILAN KRÁL GROUP, which operates on the Czech market and achieved revenue equal to almost HUF 50 billion last year – as a result, AutoWallis is expanding its portfolio with both new brands (Mercedes-Benz, Ford) and new activities (sales and services of (Mercedes-Benz Trucks).
2024.12.18.
Read moreAutoWallis Group’s international expansion fueled by a EUR 20 million bond issue
In a private placement, the AutoWallis Group has issued EUR 20 million in bonds with favorable terms, contributing to the company continuing to bolster its position as a major regional car sales and mobility service provider. The funding aims to provide financing for the continued international expansion and the acquisitions of AutoWallis, currently present in 16 countries.
2024.12.11.
Read moreAutoWallis takes a big step, bolstering its presence on the Czech retail market with the largest acquisition in its history
AutoWallis is further strengthening its role as a major regional player by making the largest purchase of its history, having come to an agreement for the acquisition of 100% of the Czech market-based MILAN KRÁL GROUP.
2024.11.15.
Read moreRetail sales drive the AutoWallis Group’s record Q3 revenue
The AutoWallis Group achieved record Q3 revenue, the main driver of which continues to be the Retail Business Unit with its above market average growth of 16%. The revenue of the Group, present in 16 countries in the region, grew to HUF 291 billion and its EBITDA topped HUF 14 billion.
2024.11.15.
Read moreAutoWallis Sales Report: AutoWallis’s vehicle sales see continued growth
The AutoWallis Group’s Retail Business Unit has seen an almost 20% increase in the sale of new vehicles in the first nine months of the year with used vehicle sales growing by 32%. The Distribution Business Unit of the major regional car sales and mobility service provider has continuously increased its year-on-year sales figures since last fall, again setting new records in the third quarter. Bolstered by both organic growth and the Czech acquisition closed in July, AutoWallis expects 2024 sales data to significantly exceed last year’s figures.
2024.10.15.
Read moreBYD reaches important milestone in Hungary
The AutoWallis Group’s strategic partner and manufacturer of BYD, the world-leading New Energy Vehicles (NEV), has reached a significant milestone after leading the market of battery-powered electric vehicles (BEV) in Hungary in the months of July, August, and September. The fact that Wallis Motor’s BYD showroom on Könyves Kálmán körút had to be expanded after it opened is a good indicator of the success of BYD models, available at the AutoWallis Group since autumn of last year.
2024.10.04.
Read moreAutoWallis Investor Day
AutoWallis held its investor day on 25 September, where the management presented the Group’s first half-year results and recent business developments.
