The AutoWallis Group is planning another doubling of its regional growth strategy until 2028

By: Trademagazin Date: 2024. 05. 06. 08:56

The AutoWallis Group plans HUF 750 billion in sales revenue and HUF 40 billion in EBITDA profit by 2028, thus doubling last year’s results for both indicators. The regionally dominant car trade and mobility service provider representing 24 car brands in 16 countries is also planning 2-3 acquisitions a year in the next period, and after the intensive growth phase, the management intends to propose a dividend payment after 2026.

Doubling sales and profits, as well as an international growth story, are planned until 2028 in the updated strategy of the AutoWallis Group, in which the company also presented its modified plan numbers and dividend payment plan. The step was taken after the car trade and mobility service provider exceeded its previously set goals for 2025 in several financial indicators last year. Since entering the stock market in 2019, the AutoWallis Group has grown tremendously: its sales have quadrupled and its profits have jumped tenfold since then, thanks to the consistently implemented strategy.

Zsolt Müllner, president of AutoWallis, explained that the expansion of the Group in the last five years was mainly transactional, while its organic growth also exceeded the industry trend. AutoWallis, which has a dominant position at the regional level, has raised HUF 48 billion from the capital market since 2019, and the number of brands it represents has increased from 9 to 24. During this period, it has made 11 acquisitions and expanded its operations to 16 countries.