News
AutoWallis devoting its record 2023 profits to financing intense expansion
– The AutoWallis Group has held its annual general meeting, where shareholders elected new Members of the Board of Directors and then decided to devote the total comprehensive income of HUF 9.8 billion realized with last year’s record revenue to finance intense expansion in the interest of supporting continued dynamic growth.
2024.04.26.
Read moreAutoWallis obtains competition authority authorization for entering the Czech vehicle retail market
As the Czech competition authority has granted its approval for AutoWallis to purchase Stratos Auto’s BMW division, the Hungarian group is expected to enter the Czech vehicle retail market in the first half of this year after the closing conditions are met.
2024.04.22.
Read moreInvitation to AutoWallis Group Investor Day
6 May 2024 8:30 – 11:00; Gerbeaud Café Átrium Hall,
Budapest, Vörösmarty square 7-8.
2024.04.16.
Read moreThe first quarter saw AutoWallis outperforming in retail and the company continues to expect significant growth
The AutoWallis Group’s Retail & Services Business Unit started the year off strong after increasing new vehicles sales by 16%, substantially exceeding the 7% growth seen on the Hungarian market.
2024.04.15.
Read moreThe AutoWallis Group continues its growth story after an extraordinarily successful year
The vehicle trading company and mobility service provider, playing an increasingly major role in the Central and Eastern European region, may use the dividend base generated based on the HUF 20 billion EBITDA realized along with its record revenue of HUF 366 billion to finance intense expansion.
