DMD GROUP companies achieved positive economic results last year
Autor: DMD group
14. 07. 22
ZTS-ŠPECIÁL, which is focused mostly on the production of turret and barrel programs, generated a profit in the amount of 497.120 EUR and an annual turnover of over 8 mil. EUR.
Another fully owned company, KONŠTRUKTA- Defence has increased its annual turnover from 8,4 mil. EUR in 2020 up to more than 63 mil. EUR in 2021. The company came out with net profit of 1.356.824 EUR.
DMD GROUP owns 50% of shares in the company ZVS holding that has an 85 year tradition in the production of medium and large caliber ammunition. ZVS contributed to the positive financial results of DMD GROUP by its net profit of 446.475 EUR, while its turnover climbed up to 40 mil. EUR.
In 2021, the foreign customers represented 64% of sales and the export of the group reached 26.06% of the total sales.
In 2022, besides the delivery of additional ZUZANA 2 howitzers, the holding companies intend to invest in their production infrastructure. We are talking about the reconstruction of two production halls in Dubnica nad Váhom, construction of the chrome plating line and the photovoltaic power plant in order to increase the production efficiency and other investments into the expansion of repair and maintenance capacities for land defence systems of the Slovak and also the Ukrainian Armies.
A sole shareholder of the mother company DMD GROUP is the Slovak Ministry of Defence.