AutoWallis Group

🚗 Exciting News from AutoWallis Group! 🚗 AutoWallis is thrilled to announce the opening of its first Renault and Dacia dealership in Budapest, in partnership with the Salvador Caetano Group. Located in Ferencváros, this state-of-the-art showroom and service center supports the Group’s growth across the region. And there is more! The new dealership is also supplying 200 Renault Clio cars to our Group member, wigo carsharing, capitalizing on the Group’s unique synergies. Read more: https://bit.ly/40yJehy #AutoWallis

AutoWallis CEO Gábor Ormosy participated in a panel discussion at the portfolio.hu™ Budapest Economic Forum, which explored key differences and challenges in the business environments of Hungary and the region. Want to dive deeper? Read the summary of the discussion here (in Hungarian): https://bit.ly/48afSaM #AutoWallis

🚀 AutoWallis’s Distribution Business Unit once again reached record sales in Q3, while the company also achieved outstanding results in its Retail Business Unit: new vehicle sales increased by nearly 20% and used car sales grew by approximately one-third in the first nine months of the year. 📈   The AutoWallis Group is expecting further growth for the remainder of the year and it may close 2024 with another record-breaking performance! 🎆   Read more: https://bit.ly/3Ysp7QD   #AutoWallis

AutoWallis had an exciting Investor Day, filled with intriguing questions and even more engaging answers. Alongside the company’s CEO, Gábor Ormosy, we welcomed presentations by Csaba Debreczeni, Head of Equity Research at MBH Investment Bank, and opening remarks from Richárd Végh, CEO of the Budapest Stock Exchange, as well as Sándor Mátrabérci, Managing Director of Wallis Motor. Click below for the photos! #AutoWallis #InvestorDay

We are thrilled to have hosted another successful Investor Day, where exciting insights and strategic discussions took center stage! 🚀 📊 The Head of Equity Research at MBH Investment Bank shared an in-depth analysis of AutoWallis, offering valuable insights into the company’s performance. 💼 Our CEO, Gábor Ormosy, also took the stage to discuss our half-year results, plans and highlighted key business milestones achieved in the recent period.   A big thank you to everyone who joined us! 🙌   Delve deeper (in Hungarian): https://bit.ly/4eWDZw7   #AutoWallis #InvestorDay

With a 12-month price target of HUF 223 and a buy recommendation, MBH Investment Bank has started tracking AutoWallis Group’s shares.   Curious for more details? Click here: https://bit.ly/3XTzrk8   #AutoWallis #MBHInvestmentBank

🚀 Join Us at the AutoWallis Investor Day! 🚀   We are excited to welcome current and future shareholders to our upcoming Investor Day!   At the AutoWallis Group Investor Day, our management team will present the Group's first half-year results along with recent business developments and acquisitions. The MBH Investment Bank's analyst team will also unveil their first analysis of our company, along with insights into the latest industry and capital market trends.   🗓️ AutoWallis Investor Day 📍 Location: Wallis Motor Duna BYD Showroom (Budapest, Könyves Kálmán krt. 5.) 🕘 Date and Time: Wednesday, September 25, 2024, 9:00 - 11:00 AM   More details about the registration and the event are available at the link below: 👉 https://lnkd.in/duyDAYwh   Don’t miss this opportunity to get an in-depth look (in Hungarian) at AutoWallis Group's performance and prospects. We look forward to seeing you there!

AutoWallis to be Included in the Regional Index According to Erste Market Analysis! Changes to the regional CECE index are set to take effect on September 23 (with the actual rebalancing scheduled for September 20). AutoWallis will be included in the regional index – as a result of this development and other changes, the total weight of Hungarian stocks is expected to increase by 13 basis points, according to Erste's calculations. Since regional expansion plays a key role in AutoWallis's strategy, we are particularly pleased with this anticipated change! Read more (in Hungarian): https://bit.ly/3TxLp0n #AutoWallis

How does our updated strategy align with our goals, and what results did we achieve in the first half of the year? Our CEO, Gábor Ormosy, addressed these topics on TrendFM's Prémium Kategória program, where the impact of digitalization on sales was also discussed. Don’t miss this insightful conversation (in Hungarian) – click here to listen: https://bit.ly/3ABfghK   #AutoWallis

In a recent analysis, the Concorde Csoport reiterated its BUY rating on our shares, with a HUF 230 raised target price.   Curious for more details? Click here: https://bit.ly/45GS8cD   #AutoWallis #Concorde