In the face of the COVID-19 pandemic, Škoda Group still significantly increased its profitability, sales, and new orders in 2021. Despite global supply chain problems and labour shortages, Škoda scaled up production and launched new projects for foreign markets, reflecting its status as a leading exporter that dispatches some 60% of its orders abroad. In 2021, the group recorded sales of EUR 614 million, EBITDA of EUR 45 million, and a net profit of EUR 33 million. The number of group employees increased by 26% year on year to some 6,500 (8,000 including TEMSA). There was also a solid rise in the volume of work contracted, which increased to around EUR 3.6 billion.* This means that the group’s production capacity will be full until approximately 2025. In 2021, Škoda invested EUR 71 million in, among other things, an increase in production capacity in Plzeň, Ostrava, and Šumperk.
*Unaudited consolidated figures based on international accounting standards for the 2021 financial year. Revenues do not include TEMSA’s results as this company is consolidated using the IFRS equity method. The number of employees at TEMSA (a 50% joint venture) is included in the total.