Waberer's, HU0000120720

MOL kept 15 percent stake while Waberer's stock sits 23.49 percent below its high

Published on 10/21/2026 at 10:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MOL kept 15 percent after the October 1 swap ended. Waberer's stock costs EUR 11.40 on October 21, 2026, versus its EUR 14.90 high.

Ownership and operations

MOL kept 15 percent of Waberer's after the share swap ended on October 1, 2026.
Second-quarter revenue rose 11.8 percent to EUR 227.0 million.
Waberer's stock trades at EUR 11.40 at 10:43 a.m. CEST at Lang & Schwarz on October 21, 2026.
MDI operates four distribution centers in Serbia.

Waberer's, HU0000120720, Illustration mit AI erstellt.

Waberer's (HU0000120720) stock was trading at EUR 11.40 at Lang & Schwarz on October 21, 2026, at 10:43 a.m. CEST. The latest ownership catalyst is MOL's decision to keep its 15 percent stake after a planned share swap ended, according to trans.info on October 15, 2026.

Ownership stays unchanged

MOL had planned to transfer 2,654,061 Waberer's shares, equal to 15 percent, in exchange for 3,064,849 ALTEO shares. The transaction was announced on April 1, 2026, but MOL ended it on October 1, 2026, after the required regulatory approvals were not received by the contractual deadline.

The ownership structure therefore keeps MOL as Waberer's second-largest shareholder with 15 percent. The BDPST-linked group holds about 55 percent, while the free float remains about 30 percent, according to trans.info.

What does 15 percent ownership mean?

The retained stake gives the shareholder structure continuity while Waberer's expands its regional logistics platform. In Serbia, subsidiary MD International is moving into an 8,000-square-meter warehouse in the fourth quarter of 2026 and plans a 20,000-square-meter distribution center from 2027, according to trans.info. The company operates four distribution centers in Serbia and employs more than 280 people there.

Three dated developments

On April 1, 2026, MOL announced the planned exchange involving 2,654,061 Waberer's shares. On October 1, 2026, MOL ended the transaction and retained its 15 percent holding. On October 21, 2026, Waberer's stock was trading at EUR 11.40 at Lang & Schwarz.

Dates for the operating plan

The next dated operating milestone is the fourth-quarter 2026 warehouse move, followed by the planned 20,000-square-meter Serbian distribution center from 2027, as reported by trans.info.

Revenue rises as logistics margins weaken

The operating picture is mixed. In the second quarter of 2026, group revenue increased 11.8 percent to EUR 227.0 million, while EBIT declined from EUR 18.0 million to EUR 15.5 million. Logistics-segment EBIT fell 37.9 percent to EUR 4.4 million, while insurance generated more than 77 percent of group EBIT in the first half of 2026, according to trans.info. For investors, Serbian warehousing is the expansion story, while international transportation remains the main earnings pressure.

Stock remains below the yearly high

Waberer's stock was EUR 3.50 below the EUR 14.90 52-week high, a gap of 23.49 percent based on the quoted range. The Frankfurt-listed euro range was EUR 11.00 to EUR 14.90, while the primary listing is in Budapest under ticker WABERERS.BD.

Waberer's stock was trading at EUR 11.40 at Lang & Schwarz on October 21, 2026 at 10:43 a.m. CEST.

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