AutoWallis launches yet another new ESOP remuneration policy

AutoWallis has launched its third results-based remuneration policy to support its strategic goals as part of the Employee Share Ownership Plan (ESOP). The goal of the two-year remuneration program is to provide further incentives to a certain circle of managers and employees and make them interested in the achievement of strategic goals.

2022.05.24.

Informationon the new remuneration policy under the ESOP and the conclusion of a call option

2022.05.24.

AutoWallis to use its record profits continue growth strategy

AutoWallis’ General Meeting has decided to allow treasury shares purchases, authorized capital increases, and passed resolutions on how to utilize its after-tax profits, among other items. The shareholders of the listed automotive company intend to use last year’s profits to further implement its dynamic growth strategy.

2022.04.29.

Number 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.

Information on the foundation of a joint venture

2022.04.07.

AutoWallis closed 2021 with record profits exceeding its plans

The AutoWallis Group closed 2021 with profits significantly exceeding its own plans and an EBITDA of HUF 7.8 billion, despite the prolonged coronavirus epidemic and manufacturing difficulties due to chip shortages. The revenue of the automotive company registered on the Hungarian stock exchange set a new record by more than doubling to nearly HUF 200 billion, while its margin generation and operational efficiency increased significantly. In addition to earlier acquisitions, AutoWallis’s expansion was driven by organic growth that surpassed domestic and regional market averages.

2022.04.05.

AutoWallis may continue its growth on the Slovenian market after completing the purchase of Avto Aktiv

The AutoWallis Group has successfully closed the buyout of the activities and the purchase of the real estate properties of Avto Aktiv, allowing the automotive company registered on the Hungarian stock exchange to concentrate on continuing its growth. Thus far, AutoWallis has carried out two successful acquisitions in Slovenia, making it a major player on the nation’s vehicle retail market: it sells 4 vehicle brands in 5 cities and is examining the possibility of including additional brands and making new acquisitions.

2022.04.05.

Proposal 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.

Number 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.

Another vehicle brand is being added to the AutoWallis’s retail portfolio

AutoWallis continues its growth and expands the number of vehicle brands sold by the Group’s Retail & Services Business Unit by starting retail sales of SsangYong vehicles in Hungary. AutoWallis already represents the South Korean brand on three regional markets besides the Hungarian, but it has previously concentrated on the Distribution Business Unit. This step is well aligned with the Group’s strategy to grow organically through acquisitions and business development, making the brands it already represents, together with related services, available in more and more countries in the retail sector.

2022.03.21.