ŠKODA JS’s revenues up 5% to almost CZK 4.7bn

Published: 15.05.2018 Related countries:  United Arab Emirates United Arab Emirates

In 2017 ŠKODA JS a.s. again strongly strengthened its position in the sector, confirmed its stability and dynamics. This year, it plans approximately the same sales as the previous year, when it was almost 5bn CZK.

ŠKODA JS posted revenues of almost CZK 4.7bn for 2017, up 5% y/y. Export into 12 countries accounted for more than 68% of the revenues, with Slovakia, Hungary and Ukraine the main export destinations. Newly acquired contracts approached CZK 4.4bn. Pretax profit grew to CZK 374m from CZK 178m. The result was driven by higher efficiency and qualitative growth.