Primoco UAV SE, a Czech producer of civilian and navy One 150 UAVs, has printed its annual report for the final yr. The corporate’s gross sales elevated sixfold year-on-year and reached nearly CZK 600 million. EBITDA reached CZK 276 million with an working margin of 46%.
“Final yr introduced report financial and operational outcomes for our firm. Together with the expansion in gross sales, we’ve got additionally made vital progress in getting ready the corporate’s growth for the long run, coming into into co-operation with Airbus Defence and Area and its subsidiary Airbus Airborne Options (ADAS), which opens up alternatives for us to achieve out to the corporate’s shoppers.” says Ladislav Semetkovský, CEO and majority shareholder of Primoco UAV.
Due to Primoco UAV, the Czech Republic ranked second within the worldwide rating of medium-sized UAV deliveries. This market section was dominated by US producers with a two thirds share and Primoco UAV with one third share. The demand for unmanned units is steadily rising as a result of geopolitical state of affairs, and amongst these fascinated about these merchandise are each armed forces, safety forces and personal corporations that notice the advantages and significance of unmanned programs.
Since 29 January 2024, the corporate’s shares have been listed on the Prague Inventory Alternate’s foremost market (Prime Market) and on 18 March 2024 additionally they grew to become a part of the PX index. Shares of Primoco UAV have seen vital progress up to now yr due to good monetary outcomes and a constructive outlook for the long run. As of 31 December 2022 the securities had been buying and selling on the inventory trade at CZK 410 apiece, however by the top of December 2023 their worth had risen to CZK 885.
On the identical time, the corporate is continuous the venture of revitalization of the Písek – Krašovice airport facility. Along with the brand new meeting corridor, the positioning may also home a brand new management centre for the operation of Primoco UAVs worldwide, a contemporary pilot coaching centre and a analysis division for the event and testing of recent applied sciences. Development is scheduled to start out in 2025, which might permit the corporate to extend its complete provide capability to greater than triple the present degree in 2027.
The Board of Administrators of Primoco UAV SE convenes an Odd Basic Assembly of Shareholders to be held on 31 Could 2024 at 10:00 a.m. on the firm’s premises at Výpadová 1563/29f, Prague 5 – Radotín.
