In the first nine months of 2024, Colt CZ Group SE recorded revenues of approximately $627 million (CZK 14.97 billion), a 51.1% increase compared to the previous year. This growth stemmed from both organic sales and the consolidation of Sellier & Bellot, acquired earlier. Despite revenue growth, net profit dropped by 53.9% to about $29.7 million (CZK 708.7 million), attributed to higher financial costs from acquisition financing.

The company sold 463,000 firearms, a 3.2% increase year-over-year, with notable growth in long gun sales. Regional revenue surged in Europe, including the Czech Republic, and in the U.S. Adjusted EBITDA increased by 56.1% to roughly $126.6 million (CZK 3.02 billion), reflecting stronger sales and a growing share of military and law enforcement contracts.

Source: www.forbes.cz