News
Invitation to the Investor day of AutoWallis Group
Venue: Wallis Motor Duna BYD salon (Budapest, Könyves Kálmán krt. 5.)
Date: 25 September 2024, Wednesday 9:00-11:00
2024.09.05.
Read moreConcorde: purchase price increased to HUF 230 with a buy rating for AutoWallis shares
Concorde Értékpapír Zrt. has updated its analysis for AutoWallis Plc. shares. The analyst institute upholds its buy rating for AutoWallis shares with a (12-month) HUF 230 target rate.
2024.08.27.
Read moreAutoWallis publishes its ESG strategy
The AutoWallis Group has published its ESG strategy in which the automotive company registered on the Hungarian stock exchange has determined its strategic focus areas pertaining to sustainable operations as well as its related plans. AutoWallis aims to have all members of the Group, present in 16 countries in the Central and Eastern European region, operate along the lines of a uniform ESG strategy and to prioritize environmental, social, and governance aspects when making their decisions.
2024.08.23.
Read moreHalf year results: The AutoWallis Group sees increased revenue in the first half as retail sales continue to go strong
With record second-quarter revenue, AutoWallis made up the ground it had lost in the first quarter due to external factors: the company’s revenue was HUF 195.2 billion and EBITDA was HUF 9 billion in the first six months of the year.
2024.08.16.
Read moreMore green investments at the AutoWallis Group
The AutoWallis Group reported on its green investments in 2024 as well, the value of which reached HUF 3.3 billion in the past 3 years, with a number of projects currently under preparation. In its newest annual Green Bond Allocation and Impact Report, the Company provides information on the use of the revenue received from the issue of the HUF 6.6 billion in green bonds issued in 2021, and their environmental effects.
2024.08.12.
Read moreScope Ratings affirms AutoWallis’s credit rating score in recognition of its successful growth strategy
Scope Ratings has completed the annual review of AutoWallis Plc’s credit rating score, taking into account the company’s new, updated growth strategy and the business plan containing its financing plans. In line with these plans, AutoWallis hopes to again double its figures by 2028 to realize revenue of HUF 750 billion and an EBITDA of HUF 40 billion. The independent institute affirmed its rating of the company and its debts with a stable outlook, recognizing its success in managing exceptional growth.
2024.07.03.
Read moreThe AutoWallis Group’s fleet management activity continues operations as wigo fleet
Nelson Flottalízing, part of the AutoWallis Group, will be continuing its fleet management activity under the wigo fleet brand name. Together with the rebranding, the AutoWallis Group is consolidating a number of mobility service-related activities in a single company in the interest of better exploiting synergy effects and delivering an even better customer experience. With this step, AutoWallis, listed in the Prime Market of the Budapest Stock Exchange, is creating the first integrated mobility service provider in Hungary.
