Czech companies mmcité and Doosan Škoda Power report strong financial results

Czech companies mmcité and Doosan Škoda Power reported strong financial performance for the first half of 2026.

mmcité reported a 16.7% year-on-year increase in second-quarter revenues, reaching 367.5 million CZK. The company saw an 8.6% rise in EBITDA to 29.9 million CZK, though margins faced pressure from product pricing. Net profit for the second quarter stood at 12.7 million CZK. Management expects growth to accelerate during the remainder of 2026 and has confirmed its full-year revenue target of 1.25 to 1.35 billion CZK.

Doosan Škoda Power saw its first-half EBITDA grow by nearly 40% to 359 million CZK, supported by increased service activities and cost optimization. Total revenues rose 3.1% to 2.67 billion CZK. While new installation revenues decreased by 5%, service revenues grew by 20.7%. The company noted significant regional growth in international markets, particularly in the Americas, despite declines in Africa and parts of Asia.