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Colt CZ Group's 9M Adjusted EBITDA Up 56%, Confirms FY Guidance

Colt CZ Group SE CZG:

  • COLT CZ GROUP: 9M REVENUE CZK 14.97 BILLION, UP 51.1% Y/Y

  • COLT CZ GROUP: 9M ADJUSTED EBITDA CZK 3.02 BILLION, UP 56.1% Y/Y

  • COLT CZ GROUP: EBITDA INCREASE DRIVEN BY HIGHER SALES, A HIGHER SHARE OF ORDERS FROM THE M/LE SEGMENT, AND CONSOLIDATION OF SELLIER & BELLOT ACQUISITION

  • COLT CZ GROUP: 9M ADJUSTED NET PROFIT CZK 1.29 BILLION, DOWN 12.8% Y/Y

  • COLT CZ GROUP: DECLINE IN PROFIT PRIMARILY INFLUENCED BY THE RESULT OF FINANCIAL OPERATIONS WHICH WAS AFFECTEDMAINLY BY HIGH INTEREST COSTS ASSOCIATED WITH ACQUISITION FINANCING

  • COLT CZ GROUP: NUMBER OF FIREARMS SOLD IN THE FIRST NINE MONTHS OF 2024 INCREASED BY 3.2% Y/Y

  • COLT CZ GROUP: CONFIRMS FY GUIDANCE

  • COLT CZ GROUP: Q4 2024 IS EXPECTED TO BE STRONGER THAN Q3 2024

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