Acquisitions boost AutoWallis' H1 sales 309%

Automotive

Acquisitions made last year, as well as organic growth, boosted listed car seller AutoWallis' sales in the first half, the company said in a report, according to an announcement on the website of the Budapest Stock Exchange.

The preliminary report shows sales of AutoWallis' wholesale division rose 309% year-on-year in H1. Excluding the impact of acquisitions, sales still climbed 32%.

New car sales of the company's retail division rose 247%, while used car sales increased 141%.

AutoWallis mechanics booked 62,666 service hours, up 164%. The company's car rental business signed contracts for 66,183 days, 102% more than in the base period.

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