Results for 2023 Q1-Q3: In just 9 months, AutoWallis has exceeded last year’s entire revenue and profit figures

The AutoWallis Group has broken another record, increasing its revenue and profits by more than a third in the first nine months of the year as compared to the same period last year. As a result, the regional vehicle trading and mobility service provider has already surpassed the performance of its entire last year and the company’s earnings per share has jumped to HUF 22.6.

2023.11.30.

The AutoWallis Group is launching its own mobility service named wigo

The AutoWallis Group is introducing a new brand to launch its own mobility service brand called wigo. Under the new brand, AutoWallis’s first service is wigo carsharing, which is being launched by former Share Now operator Wallis Autómegosztó. Clients of the domestic car sharing service, which leads the market based on revenue, will be able to use the fleet of almost 500 vehicles from the 24th of October with the new application boasting an expanded range of functions.

2023.10.19.

AutoWallis sales report Q1-Q3 2023: The AutoWallis Group increased sales by almost half in the first nine months

Vehicle sales of the AutoWallis Group showed dynamic growth of almost 50 percent in the first nine months of the year. The strong performance of the automotive company listed on the Budapest Stock Exchange is primarily due to its continued international expansion, which is now permanently above 50 percent, and the growth seen by the brands represented by the Group.

2023.10.16.

The AutoWallis Group becomes MG’s vehicle parts distribution partner in the region’s 13 countries

AutoWallis Distribution and SAIC Motor CEE have signed a cooperation agreement.

2023.10.05.

AutoWallis Distribution Partners with BYD to Support Operations in Hungary

AutoWallis Distribution – a member of AutoWallis Group – is pleased to announce a strategic partnership with BYD (Build Your Dreams), the number one global New Energy Vehicle (NEV) manufacturer, to support the carmaker’s national sales company in Hungary.

2023.10.02.

Nearly HUF 3 billion in green investments by the AutoWallis Group

The AutoWallis Green Finance Committee has prepared its annual Green Bond Allocation and Impact Report on the use and environmental impact of the revenue received from the HUF 6.6 billion in green bonds issued by the company two years ago.

2023.09.27.

The AutoWallis Group shows even faster growth than expected

AutoWallis held its traditional annual Investor Day today.

2023.09.20.

AutoWallis: Earnings per share almost doubled in the first half

The Company published its report for the first half of 2023.

2023.08.31.

AutoWallis continues to strengthen its mobility portfolio by acquiring the Hungarian company Share Now

As one of the most significant vehicle share service providers on the market, Share Now plans to continue dynamic growth with the professional background and capital offered by AutoWallis. The AutoWallis Group is expanding its services portfolio in one of the mobility market’s most dynamically growing areas, after acquiring ownership of the company that operates Share Now in Hungary.

2023.08.03.

New managing director at AutoWallis subsidiary representing Sixt

2023.07.25.

The AutoWallis Group sees dynamic sales growth in all areas in the first half of the year

AutoWallis published the 2023 H1 Sales Report.

2023.07.18.

AutoWallis strengthens its ranks with a Group HR Director

The new position will be filled by Aranka Erdélyi, who has extensive experience in the automotive industry; her tasks include supporting AutoWallis’s organization development.

2023.06.08.

AutoWallis closed the first quarter by more than doubling its results

The AutoWallis Group closed Q1 2023 with revenue of more than HUF 100 billion and earnings per share of HUF 11.5, meaning it is continuing down the path of growth that it had previously shared with its shareholders in its published strategy.

2023.05.26.

The AutoWallis Group campaigns for safe driving

Wallis Motor, a member of the AutoWallis Group, has launched a campaign in partnership with the Budapest Police Headquarters to curb the number of speeding-related accidents, calling attention to the fact that our streets are not for racing. The automotive company registered on the Hungarian stock exchange actively supports its member companies in representing issues of social importance.

2023.05.19.

The AutoWallis Group kicked off the year with strong sales figures

AutoWallis’s sales started off with a strong quarter, with the Group’s performance continuing to significantly exceed the industry average. The Hungarian company, present in 15 countries in the region, almost doubled the number of vehicles sold to reach a figure of 13,800. Though the growth was supported by acquisitions, organic growth was also strong.

2023.04.17.

The AutoWallis Group closed another record year in 2022

The AutoWallis Group closed another record year in 2022 despite an another external environment full of challenges last year. The automotive company registered on the Hungarian stock exchange achieved revenue of HUF 270 billion with an EBITDA of HUF 14.5 billion and earnings per share surpassing HUF 19. The growth was primarily organic and exceeded even industry trends, meaning AutoWallis continued down a path of stable growth, already exceeding a number of financial targets previously set for 2025.

2023.04.06.

AutoWallis publishes first Sustainability Report

The AutoWallis Group has published its first Sustainability Report and it will continue to do so after each business year. As the automotive company of the Budapest Stock Exchange is committed to sustainable operations, it was the first company listed in the Premium Category of the Budapest Stock Exchange to develop a Green Finance Framework. In its first Sustainability Report, AutoWallis reviewed its functions, identified the main processes connected to sustainable operations, and transformed its internal information system required for preparing reports. As part of the process, AutoWallis plans to acquire an ESG rating by the end of 2024.

2023.03.20.

AutoWallis has gained ownership of the Nelson Group’s fleet management division after receiving the Competition Authority’s approval

After the Hungarian Competition Authority granted its approval, the acquisition of the Nelson Group’s fleet management division has been successfully closed. By obtaining Nelson, which is among the 10 largest players on the fleet management market, the automotive company registered on the Hungarian stock exchange has carried out an acquisition of key importance to its strategy and margin generation capabilities.

2023.01.27.

AutoWallis Sales Report Q1-Q4 2022: The AutoWallis Group closed 2022 with record sales

Sales of the AutoWallis Group set new records in all divisions and areas in 2022, continuing down the path of dynamic growth with the aim of becoming a major vehicle trading company and mobility service provider in the Central and Eastern European region by the end of the decade. The vehicles sales and the number of service hours of the Group, present in 14 countries in the region, increased by a quarter last year, with even greater growth seen in vehicle rentals: the number of rental events increased by 44 percent and the number of rental days by 29 percent.

2023.01.16.

The AutoWallis Group is entering the market of online automotive sales by acquiring JóAutók.hu

In line with its earlier plans, AutoWallis has acquired Net Mobilitás Zrt., which operates the JóAutók.hu and Autó-Licit.hu portals, leading the Group into the world of online sales. The step is aligned with the previously announced strategy of the company listed on the Budapest Stock Exchange, as AutoWallis aims to become a major vehicle trading company and mobility service provider in the Central and Eastern European region by the end of the decade.

2023.01.13.