AutoWallis Plc., a company listed in the Premium category of the Budapest Stock Exchange, publishes the AutoWallis Sales Report presenting its aggregate sales data now for the first time.
All three lines of business of AutoWallis Plc. (International Distribution, Domestic Distribution, Automotive Service Provider) realized growth in the first half of 2019, when comparing the aggregated sales numbers, the service hours, the rented fleet size, and the number of rental events to the data from the same period of the previous year. In his assessment of the market trends, Gábor Ormosy, Chief Executive Officer of AutoWallis explained that while the vehicle sales market shows signs of deceleration in the European Union, AutoWallis has managed to realize a significant growth – even if different for each business line – in the first half of the year in the 14 Central and Eastern European countries of its operation, in accordance with the market trends of the region. In this same period, the number of first registrations of personal vehicles increased by 5.35% in the Hungarian market, according to the data of DataHouse. The International Distribution line of business of AutoWallis sold 13.5% more new cars in the first six months compared to the previous year, amounting to 1,076 sold vehicles. The Domestic Distribution line of business increased the sales of new vehicles by 6.81% to 1,428, and the sales of used cars by 75.29% to 454. Within the Automotive Service Provider line of business, the number of service hours increased by 15.12% to 25,118, the fleet size calculated on the basis of the vehicle rentals grew by 10.99% to 495 vehicles, and the number of rental events increased by 4.29% to 11,207 when compared to the data of the first half of the previous year.
From now on, the AutoWallis Sales Report will be published on the last day of the month following each quarter (should it fall on a weekend or bank holiday, it will be published on the next business day).