The group’s global business soared on acquisitions, growing 33% in Q1 to CZK 7,317,429,000 ($352.1 mm) from CZK 5,512,221,000, with profits up 37% to CZK 717,943,000 ($34.6 mm) compared to CZK 523,909,000. The company started recognizing revenue in a new energetics segment following the acquisition of Synthesia Nitrocellulose and Synthesia Power as of Jan. 1. Total firearms sales increased 23% to CZK 3,480.8 million, helped by more military sales, but handgun and long gun units were both lower. Ammunition sales slipped 14% to CZK 2,307.2 million on lower domestic sales and ... Log in to view full article.