AutoWallis names Miklos Kovacs while MBH targets AutoWallis stock at HUF 147.00

Published on 10/13/2026 at 09:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MBH set HUF 147 target on October 5, 2026. AutoWallis stock has sales due October 15, 2026 after first-half revenue fell 7.00 percent to HUF 219.90 billion.

AutoWallis named Miklos Kovacs managing director of its Hungarian Sixt subsidiary on October 6, 2026.
MBH set a HUF 147.00 target on October 5, 2026 and retained a Buy view.
First-half 2026 revenue fell 7.00 percent to HUF 219.90 billion, while EBITDA declined 31.00 percent to HUF 5.60 billion.
AutoWallis is scheduled to publish its third-quarter sales report on October 15, 2026.

AutoWallis, HU0000164504, Illustration mit AI erstellt.

AutoWallis (ISIN HU0000164504) named Miklos Kovacs managing director of the subsidiary representing Sixt in Hungary on October 6, 2026, while MBH set a HUF 147.00 target for AutoWallis stock on October 5, 2026. The appointment adds a management change to a period in which first-half 2026 revenue fell 7.00 percent to HUF 219.90 billion.

Management change meets target revision

According to AutoWallis on October 6, 2026, Kovacs took charge of one subsidiary responsible for the Sixt brand in Hungary. The company describes its wider model as automotive retail, vehicle distribution, rentals, fleet management and carsharing across 17 countries and more than 30 brands.

Vilaggazdasag reported on October 5, 2026 that MBH set a HUF 147.00 target and retained a Buy recommendation. The report described the target as close to 27.00 percent above the reference close used in the analysis, making the target a clear counterweight to the weaker interim operating figures.

First-half pressure remains visible

Portfolio reported on September 30, 2026 that AutoWallis spent HUF 1.30 billion on new business development projects in the first half of 2026, with full-year spending expected to reach HUF 3.50 billion. The mobility segment contributed HUF 2.00 billion of EBITDA and accounted for 38.00 percent of group EBITDA, despite representing 5.00 percent of revenue.

The operating mix therefore matters as much as the headline revenue decline. Mobility services supplied a larger profit contribution than its revenue share, while new Geely and Zeekr projects increase near-term investment needs and keep the path to margin recovery dependent on execution.

What dates come next?

InterCapital lists AutoWallis's third-quarter 2026 sales report for October 15, 2026. The next earnings date shown by Investing.com is December 2, 2026.

Budapest listing anchors the stock

AutoWallis is listed in the Premium category of the Budapest Stock Exchange and is included in the BUX and BUMIX indices. The company entered the Hungarian capital market on February 7, 2019, and its investment case now combines regional expansion, mobility growth and a temporary earnings burden from new brand launches.