Doosan Škoda Power financial and ownership developments

In the first half of 2026, Doosan Škoda Power reported strong financial performance, highlighted by a nearly 40% increase in first-half EBITDA to 359 million CZK. This growth was driven by cost optimization and a 20.7% rise in service revenues, despite a 5% decrease in new installation revenues. The company noted significant growth in international markets, particularly in the Americas.

Following these results, Doosan Power Systems completed an accelerated sale of approximately 17% of Doosan Škoda Power to qualified institutional investors. The sale of 5.423 million shares at 405 CZK per share totaled approximately 2.2 billion CZK, representing a roughly 10.6% discount to the company’s last closing price on the Prague Stock Exchange. Despite the sale, Doosan Power Systems maintains majority control with 50% plus one share. The company’s order volume has reportedly doubled year-on-year to 17.9 billion CZK, supported by its role as a steam turbine manufacturer for nuclear and thermal power plants.