AutoWallis shares finished the session on Friday at HUF 140.5. The shares have traded in a range of HUF 88.6 to HUF 168 over the past year.
“AutoWallis stands out from the Hungarian equity market with its impressive growth potential, while gradually becoming a regional exposure, as around 60% of its revenues come from export sales,” Concorde said.
A distribution deal with China’s Farizon “shows that Asian brands are confident that the company is a key player in the CEE region”, it added.
AutoWallis counts Alpine, BYD, Dacia, Isuzu, Farizon, Jaguar, Land Rover, MG, Saab parts, Renault, SsangYong and Opel among the brands in its wholesale portfolio. Brands in the retail portfolio include BMW cars and motorcycles, BYD, Dacia, Isuzu, Jaguar, KIA, Land Rover, Maserati, Mini, Nissan, Opel, Peugeot, Renault, SsangYong, Suzuki and Toyota.
It represents the Sixt rent-a-car brand in Hungary and operates its carsharing and fleet management business under the wigo aegis. AutoWallis also owns the vehicle listing sites JoAutok.hu and Auto-Licit.hu.
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