AutoWallis shares move to BÉTʼs premium category

Budapest Business Journal | Jun 25, 2019 at 1:00 PM
  • Just a few months after having its new shares listed, AutoWallis is already being traded in the Equities Prime category of the Budapest Stock Exchange (BÉT).
  • The automotive company has been listed in the BUX and BUMIX indices of the Budapest Stock Exchange, and in certain FTSE indices as well, notes the press release, adding that AutoWallis has met BÉT requirements earlier than planned by its management, hence its shares will be traded in the Equities Prime category starting today.
  • The firm foresees that EBITDA could nearly quadruple to HUF 7.9 bln due to organic growth, while generating a 4.5-fold increase to HUF 9.5 bln including acquisitions.