Škoda Group raises revenues to EUR 764m

Published: 29.06.2023 Related countries:  Japan Japan

Despite the impact of the coronavirus and the war in Ukraine, Škoda Group increased its sales by 26% y/y to EUR 763.7m in 2022.

Adjusted EBITDA rose 22% to EUR 50.2m. CEO Didier Pfleger said Škoda Group delivered 213 cars last year and production hours rose 29% to 4.4 million. At the same time, it has launched a major transformation programme aimed at making the group an international player. It opened a new office in Italy and acquired new businesses in Austria (Molinari Rail) and Belgium (The Signalling Company) in early 2023. Last year, it created more than 900 new high value-added jobs.