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B CZ GROUP REGULATORY ANNOUNCEMENT CZG - Česká zbrojovka Group SE achieved revenues of CZK 2 billion in the first quarter of 2021 Prague ( 27 May 2021 ) · CZG - Česká zbrojovka Group SE ( " CZG " , the " Group " or the " Company " ) today announced its consolidated unaudited financial results for the first three months of 2021 ending 31 March . Q1 2021 Financial Highlights • . • • The Group's revenues in the first quarter of 2021 amounted to CZK 2.0 bn , up by 63.7 % y - o - y , mainly due to higher number of firearm units sold as a result of strong demand for CZG products , particularly in the United States . Operating profit in the first quarter of 2021 was CZK 334.9 million , up by 216.6 % compared to the first quarter 2020 , driven by higher revenues . EBITDA¹ reached CZK 438,2 million in 2020 , up 117.4 % y - o - y . The number of firearms sold in the first three months of 2021 increased by 58.3 % compared to the same period in 2020 , reaching 137,083 units . Revenues generated in the USA represented 67.0 % share of total Group's revenues in the first quarter 2021 , followed by Europe ( excl . Czech Republic ) with 10.9 % share . The share of revenues generated in Africa was 68.9 % , Asia represented 6.8 % and 3.7 % was the rest of the world . The Czech Republic represented a 2.7 % share of total revenues in the first quarter of 2021 . Last week the Company successfully closed the acquisition of the 100 % stake in Colt Holding Company LLC ( " Colt " ) . • The upcoming general meeting of shareholders per rollam will discuss the approval of the dividend payment of CZK 7.5 per share . ,, The financial results of the first quarter of 2021 clearly demonstrate that our Group's strategy , product mix as well as the pricing policy are set correctly and deliver long - term profit for our investors , " commented Lubomír Kovařík , President and Chairman of the Board of CZG . ,, The other great news for our investors as well as customers is the closing of the Colt acquisition thanks to which CZG will become a truly global player , " added Lubomír Kovařík . Jan Drahota , Vice - Chairman of the Board of Directors of CZG , said : ,, The strong results achieved in the first quarter of 2021 and the continuing sales dynamics in the second quarter have allowed us to improve our full year guidance , also taking into account the closing of the Colt acquisition . Our half year results will already include the financial figures of Colt since the acquisition date . " Revenues Group revenues in the first quarter of 2021 increased by 63.7 % , to CZK 2.0 billion in 2020 , mainly due to an increase in the number of firearms sold as a result of increased demand in all key markets , in particular in the US . The y - o - y comparison was impacted by a weaker Q1 2020 revenues affected by the first wave of the Covid - 19 pandemic which had a negative effect on distribution and logistics of product deliveries to end customers on the key markets . Regionally , revenues in the Czech Republic decreased by 8.9 % to CZK 55.7 million in the first quarter of 2021 due to the shift of the start of deliveries to the Czech Army to the second half of 2021. Revenues in the United States increased by 49.3 % , 1 EBITDA from continued operations is defined as post - tax profit for the period plus income tax less other financial income plus other financial expenses less interest income plus interest expenses plus depreciation and plus expense from derivatives transactions less income from derivatives transactions . CZG - Česká zbrojovka Group SE , Opletalova 1284/37 , 110 00 Prague 1 , Czech Republic , IČ : 291 51 961 | czg.cz