Despite the pandemic: the Czech investment group TTC was successful in 2021

Despite the complications caused by the ongoing global covid-19 pandemic, 2021 was a successful year for the TTC Group in terms of business and further development. TTC HOLDING’s consolidated EBITDA amounted to CZK 248 million, an increase of 9% year-on-year. Consolidated turnover increased by 20% year-on-year to CZK 1.2 billion. The company generated a consolidated profit of CZK 117 million. The group thus continues to develop further, investing almost one billion crowns in acquisitions and new projects in the last five years.

“I am glad that, despite the problems associated with the effects of the covid-19 pandemic, we have managed not only to achieve most of the financial and business goals, but also to implement the planned development projects. I believe that the way to overcome the current difficult economic and geopolitical situation is to continue further investments in our company’s portfolio and in faster introduction of innovations,” says Martin Kubín, CEO of TTC HOLDING.