D&B: Profits of largest automotive companies up 59 %

Published: 16.11.2022 Related countries:  Israel Israel

The sum of sales of the largest automotive companies in the Czech Republic increased by CZK 46bn to CZK 739bn between 2020 and 2021

Between 2020 and 2021, the sales and profits of the largest Czech companies from the automotive industry increased cumulatively. According to a Dun & Bradstreet (D&B) analysis, the sum of sales of the TOP 10 companies increased by 6.7 % and the economic result by 59.4 %. Sales are slightly below the pre-Covid 2019 level, profit is more than a fifth lower. The sum of sales of the largest automotive companies in the Czech Republic increased by CZK 46bn to CZK 739bn between 2020 and 2021. Compared to 2019, sales are down 1.5 %. ŠKODA AUTO had the highest sales in 2021 (CZK 436bn), followed by Hyundai Motor Manufacturing Czech (CZK 140bn).

Source: ČIA news

Prepared by Anastasiya Gluhov - CzechTrade Israel