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Article Date: May 2021
Word Count: 137

U.S. Demand Drives CZ Q1 Sales


Česká Zbrojovka Group net income from continuing operations was CZK 275,642,000 ($12.8 mm) in the first quarter against a loss of CZK 59,108,000 last year, as revenues soared 64% to CZK 2,033,760,000 ($94.2 mm) from CZK 1,242,243,000. Sales to the booming U.S. consumer gun market accounted for the majority of revenues, gaining 49% to CZK 1,362.5 million ($63.1 mm), but the biggest percentage gains came from Africa, up 248% ... Log in to view full article.

 


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