Report

AutoWallis - Q2/21 results reflect continued progress in profitable growth

AutoWallis posted exceptionally strong revenue growth for Q2/21 (+156% YoY),
therefore it generated more revenue (HUF 98 bln) during the first six month of 2021
than in the entire last year. In addition to the organic expansion growth the outstanding
performance was due to regional transactions made last year.

Underlying
Autowallis NYRT

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.

Provider
Concorde Securities
Concorde Securities

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.

Analysts
Attila Vago

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