News
Composition 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 moreThe Hungarian Competition Authority has granted its approval for AutoWallis and its partner to become the Hungarian importers for Renault
The Hungarian Competition Authority has granted its approval for the holding company established by the AutoWallis and Salvador Caetano Groups to purchase Renault Hungária, thus gaining exclusive Hungarian import rights for the Renault, Dacia, and Alpine brands. After all the conditions necessary for the completion of the transaction have been met, the purchase of Renault Hungária is expected to be completed on the 1st of October this year, helping the AutoWallis Group take another step towards becoming a major vehicle trading company and mobility service provider in the Central and Eastern European region.
2022.09.06.
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 moreAutoWallis key managers received shares under the Employee Share Ownership Plan
As the expectations specified in AutoWallis’s three-year Employee Share Ownership Plan (ESOP) launched in 2019 have been fulfilled, the participating 23 key managers, most of whom have been working for the Group for more than 15 years, have received a total of 3.3 million shares. The automotive company of the Budapest Stock Exchange launches similarly structured remuneration policies every year, helping support the realization of its strategic objective: to become a major vehicle trading company and mobility service provider in the Central and Eastern European region by the end of the decade.
2022.08.09.
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 moreThe AutoWallis Group becomes the official mobility provider of the Hungarian Kayak-Canoe Team
The AutoWallis Group has concluded a cooperation agreement with the Hungarian Canoe Federation, making the automotive company registered on the Hungarian stock exchange the home kayak-canoe team’s official mobility provider. In addition to the vehicles provided to the athletes, the mobility service provider present in 14 countries in the region will also support the sports federation with a fleet of vehicles for international competitions held in Hungary.
2022.07.20.
Read moreScope Ratings has affirmed AutoWallis’s B+ credit rating
Scope Ratings has affirmed AutoWallis Plc’s B+ credit rating score. The independent institute affirmed its rating of the automotive company registered on the Hungarian stock exchange with a stable outlook, despite the number of factors that cause uncertainty in the global economic outlook.
2022.07.15.
Read moreAutoWallis’s shareholders have elected a new Supervisory Board member
AutoWallis held an extraordinary General Meeting where shareholders elected Petra Birkás as Supervisory Board member and decided on a number of other issues.
