News
The weight of AutoWallis shares in the BUX index almost doubles
The weight of AutoWallis shares in the BUX basket increases by more than 90% compared to the last Budapest Stock Exchange resolution of last September. Based on this decision, the shares of the listed automotive company will have a weight factor of 0.5098% in the index as of March 21, thereby occupying the 10th highest position in the list.
2022.03.16.
Read moreNo negative effects on AutoWallis’s business and strategy by the Russian-Ukrainian war
The Russian-Ukrainian war and the economic sanctions imposed on Russia have no direct effects on AutoWallis Group’s business. The Group is present in 14 countries in the Central and Eastern European region but has no interests in Russia or Ukraine; moreover, it represents 16 brands, so its activities are diversified and crisis-proof. AutoWallis maintains the updated strategy and planned figures published last autumn and considers the Company’s share price to be undervalued given the analyst consensus. However, management is monitoring the situation in Ukraine with concern and hopes for a reassuring conclusion as soon as possible.
2022.03.03.
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 moreBest of BSE: AutoWallis has again been recognized with the “The Share Capital Increase of the Year” Award
AutoWallis has once again won the “The Share Capital Increase of the Year” Award conferred by the Budapest Stock Exchange (BSE) professional jury at the Best of BSE Award 2021 Gala after the automotive company registered on the Hungarian stock exchange closed its public offering with results that exceeded all expectations.
2022.02.23.
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 moreKalliwoda Research: Buy recommendation and a 12-month price target of HUF 230 for AutoWallis shares
2022.01.06.
Read moreThe competition authority has approved AutoWallis’s Slovenian transaction: the company may gain ownership of Avto Aktiv
The Slovenian competition authority has granted its approval for AutoWallis to purchase Avto Aktiv’s activities and real estate properties. A major automotive company in Slovenia, Avto Aktiv has been selling and servicing 4 vehicle brands in 5 cities for almost 20 years. This is the second acquisition in Slovenia by the automotive company of the Budapest Stock Exchange, and it is currently investigating the opportunities for the sale of further brands in the Central European country alongside the established 4 vehicle brands.
2022.01.05.
Read moreAutoWallis appoints a new director to head up its subsidiary
Starting from January, the AutoWallis subsidiary Wallis Motor Pest and Duna will be led by a new Managing Director: Sándor Mátrabérci joins the Group with 20 years of experience in the upper management of premium vehicle brand sales. In the future, Péter Antal, the former leader of the two companies, will concentrate on managing the AutoWallis Group’s Retail & Services Business Unit exclusively and on ensuring that the targets laid down in the strategy are met.
2022.01.04.
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.
