The AutoWallis Group’s regional growth strategy plans to again double figures by 2028

The AutoWallis Group plans to realize revenue of HUF 750 billion and EBITDA profits of HUF 40 billion in 2028, meaning both indicators may be twice that of last year’s results. The major vehicle trading company and mobility service provider in the region representing 24 vehicle brands in 16 countries is planning another 2-3 acquisitions per year in the coming period, and management intends to make a recommendation for the payment of dividends after 2026 following this intense period of growth.

2024.05.06.

AutoWallis publishes its third Sustainability Report

The AutoWallis Group has published its Sustainability Report on the past year, which shows that in 2023 the automotive company registered on the Hungarian stock exchange has set new strategic areas for the development of sustainable operations such as digitalization and the bolstering of its corporate governance structure.

2024.05.02.

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.

AutoWallis 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.

The 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.

The 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.

2024.04.09.

AutoWallis to be importer of the Chinese Geely Group’s electric commercial vehicle brand in 8 regional countries

The AutoWallis Group is further bolstering its international position after reaching an agreement to become the exclusive distributor in 8 Central and Eastern European countries of the Farizon brand of commercial vehicles manufactured by Geely Auto Group. The Chinese Geely Group is one of the largest vehicle manufacturers in the world, leading the way in automotive industry innovations, including self-driving technologies, electric and hybrid vehicles, and other advanced mobility solutions.

2024.03.14.

AutoWallis becomes SsangYong importer in four new markets

The AutoWallis Group is further strengthening its position in the region by acquiring the import rights for SsangYong in four new countries: Bosnia-Herzegovina, Kosovo, Montenegro, and Serbia. Together with the Hungarian market, AutoWallis will now be the exclusive importer of the South Korean brand in nine regional markets.

2024.03.06.

AutoWallis enters the Czech retail market with an acquisition

The AutoWallis Group is breaking into the retail market of yet another country after agreeing on the purchase of the Czech Stratos Auto’s BMW business unit. Under the agreement, AutoWallis will be present in three Czech cities, among them Prague, acquiring close to 10% of the BMW market in the Czech Republic.

2024.03.05.

More than HUF 360 billion in revenue and dynamic growth in profits at the AutoWallis Group in 2023

2024.02.29.

The AutoWallis Group to be Opel importer for another 5 years in Hungary and three other countries in the region

The major German auto maker has extended the AutoWallis Group’s Opel wholesale contract for another five years for four countries in the Central and Eastern European region. As AutoWallis has represented Opel in Hungary, Bosnia-Herzegovina, Croatia, and Slovenia since 2020, the current contract will help bolster cooperation.

2024.02.22.

Five years on the stock market: four-fold revenue and ten-fold profit at AutoWallis Group

The AutoWallis Group has seen immense growth since it was listed on the stock market five years ago: its revenue has increased by a factor of four and its profits by a factor of ten thanks to its consistently implemented growth strategy, in which expansion was supported by both acquisitions and organic development.

2024.02.12.

The primary owner supports the continued growth of AutoWallis with a capital increase of HUF 5.7 billion

The primary owner is supporting AutoWallis’s plans for international growth with a capital increase of HUF 5.7 billion, further strengthening the already strong capital position and balance sheet structure of the regional car sales and mobility service provider.

2024.01.26.

AutoWallis Sales Report Q1-Q4 2023: The increasingly dominant AutoWallis Group closed 2023 with yet another record year at the regional level

The AutoWallis Group’s sales have set records across all business units in 2023: the car sales and mobility service provider plays an increasingly important role in the region and has increased its vehicle sales by more than 40 percent while also showing strong growth in services.

2024.01.15.