AutoWallis Nyilvnosan Mukdo Reszvenytrsasg: Scope Ratings Confirms AutoWallis B+ Credit Rating



Scope Ratings Confirms AutoWallis’ B+ Credit Rating

Budapest, July 14, 2022 – Scope Ratings has confirmed AutoWallis Plc’s B+ credit rating. The independent institute confirmed its rating of the car company listed on the Hungarian stock exchange with a stable outlook, despite the number of factors that cause uncertainty in the global economic outlook.

This year again, Scope Ratings GmbH has revised the rating initially assigned to AutoWallis Plc. in 2019, leaving the rating unchanged (B+) with a stable outlook, while the rating of the bonds issued by the company also remained at B+. This means that AutoWallis, listed in the Premium category of the Budapest Stock Exchange, continues to fulfill the conditions of the Growth Credit Program (NKP) launched by the National Bank of Hungary.

The detailed report from Scope Ratings:

AutoWallis Group

AutoWallis Plc., a company listed in the Premium category of the Budapest Stock Exchange, as well as in the BUX and BUMIX indices, aims to become a major vehicle trading company and mobility service provider in the region of Central and Eastern Europe by the end of the decade and expand its investment portfolio focused on automotive investments through acquisitions. The AutoWallis Group is present in 14 countries in the Central and Eastern Europe region (Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Kosovo, Montenegro, North Macedonia, Poland, Romania, Serbia, Slovakia, Slovenia), where it is engaged in the retail and wholesale of vehicles, parts and accessories, repair and maintenance services, as well as short and long term vehicle leasing. The brands represented by the group include BMW, Dacia, Isuzu, Jaguar, Land Rover, Maserati, MINI, Nissan, Opel, Peugeot, Renault, SsangYong, Suzuki and Toyota cars and motorcycles, as well as spare parts for Saab and Sixt vehicles. . rent a car. AutoWallis has twice received the “Share Capital Raise of the Year” award at the Best of BSE Award galas (2020, 2021).

Further information :

Dániel R. Kovács, Financial Communications

Mobile: +36-20-771-8710



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