AutoWallis - En route to create value
AutoWallis posted very sound results for Q1-3/21: EBITDA grew by182% YoY to HUF
1.46 bln on revenue of HUF 145.5 bln (+132% YoY), while net profit rose to HUF 2.2
bln from a loss of HUF 358 mln in the same period of last year.
EBITDA in Q3/2021 amounted to HUF 2.55 bln, up 122% YoY from HUF 1.15 bln in
Q3/20 and HUF 2.2 bln in FY2020, implying an EBIDTA margin 5.5% compared to
4,7% YoY.
AutoWallis Nyrt Formerly known as Altera Vagyonkezelo Nyrt. AutoWallis Nyrt, formerly known as Altera Vagyonkezelo Nyrt, is a Hungary-based investment company, with a focus on the automotive sector. The Company is engaged in retail and wholesale trade, service, short and long-term car rental. The Company is active in Central and Southeast Europe.
Concorde Securities Ltd. is Hungary’s leading independent company engaged in investment banking activities. It provides its clients with integrated financial services, including securities trading, research, corporate financing advisory, capital market transactions, wealth management and investment advisory. The operational management of the company is the responsibility of the CEO, while the owners/managers (who control one-third of the company through their shares and options) are in charge of its strategic governance. Concorde Securities Ltd. is a member of the Budapest, Frankfurt, Warsaw and Bucharest stock exchanges, as well as of the Hungarian Association of Investment Service Providers.
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