Waberer's, HU0000120720

MOL ends 15 percent swap involving Waberer's stock

Published on 10/19/2026 at 10:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Waberer's stock costs EUR 11.43 on October 19, 2026, below its EUR 14.90 high. MOL keeps its 15.00 percent stake.

Ownership and operating pressure

MOL terminated the transaction on October 1, 2026, leaving its 15.00 percent Waberer's stake unchanged.
Second-quarter revenue rose 11.80 percent to EUR 227.0 million.
Waberer's stock traded at EUR 11.43 at 10:21 a.m. CEST at Lang & Schwarz on October 19, 2026.
MDI is scheduled to move into an 8,000 square meter warehouse in the fourth quarter of 2026.

Waberer's, HU0000120720, Illustration mit AI erstellt.

Waberer's stock (ISIN HU0000120720) was trading at EUR 11.43 at Lang & Schwarz at 10:21 a.m. CEST on October 19, 2026. The latest company-related event was MOL's October 1 termination of a planned share swap involving a 15.00 percent Waberer's stake, according to Bankier.pl. For the stock, the decision leaves the ownership structure unchanged while the operating strategy continues to shift toward regional logistics.

Ownership stays unchanged

MOL had planned to transfer 2,654,061 Waberer's shares to the Fenix private equity fund in exchange for a 15.38 percent stake in Alteo. The transaction required regulatory approvals and involved no cash payment because the packages were valued using 180-day average prices, Telex reported on October 1, 2026. MOL therefore remains a 15.00 percent shareholder.

What does Serbia add?

Waberer's Serbian subsidiary MDI is expanding in two stages. It plans to move into an 8,000 square meter warehouse with about 4,000 pallet positions in the fourth quarter of 2026, followed from 2027 by a 20,000 square meter greenfield distribution center, according to trans.info on October 15, 2026.

The expansion matters because the company is balancing weaker international transportation with growth in contract logistics, warehousing and insurance. MDI operates four distribution centers in Serbia, employs more than 280 people and runs a fleet of about 180 vehicles, the same report said.

Profit mix sets the test

Waberer's second-quarter revenue increased 11.80 percent to EUR 227.0 million, but group EBIT declined from EUR 18.0 million to EUR 15.5 million. Logistics EBIT fell 37.90 percent to EUR 4.4 million, while international transportation produced a EUR 1.4 million loss in the first half, according to trans.info.

Stock stays below yearly high

The operating picture is mixed: second-quarter sales growth supports the expansion plan, while the 37.90 percent logistics EBIT decline shows why the Serbian build-out must translate into higher utilization and stronger margins.

Waberer's was trading at EUR 11.43 at Lang & Schwarz on October 19, 2026 at 10:21 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Waberer's stock.