AutoWallis Expects Revenue to Multiply by 2025

Hungary's AutoWallis Group has outlined its expectations for the next few years: more than four times last year’s revenue and six times last year’s EBITDA expected for the year 2025.

The AutoWallis Group expects dynamic growth until 2025, it revealed in the updated strategy published this Tuesday on the website of the Budapest Stock Exchange. The listed automotive company’s revenue is expected to exceed HUF 400 billion, more than four times the 2020 value, while EBITDA, which management considers to be the best indicator of profitability, may increase by more than six-fold to more than HUF 14 billion.

The planned growth is based on the transactions performed by the company, organic growth, and additional planned acquisitions. The AutoWallis Group plans to finance part of the new acquisitions and developments by raising public retail and institutional capital in the remainder of the year, totalling between HUF 6 and 8 billion. In its strategy, AutoWallis expects to become a major vehicle trading company and mobility service provider in the Central and Eastern European region by the end of the decade.

Plans for substantial growth have been published in the updated strategy of the AutoWallis Group, a company listed in the Premium category of the Budapest Stock Exchange, based in part on acquisition-driven growth unbroken since 2020 as well as purchases to be implemented in the coming period: as a result, its revenue of HUF 88 billion in 2020 may increase more than fourfold, to HUF 400-433 billion, by 2025.

Concurrently, the car sales and mobility service provider present in 14 countries may experience significant growth in profits, as EBITDA, which management considers to be the best indicator of profitability, may increase more than six times, from HUF 2.3 billion to between HUF 14 and 15.2 billion.