The arms group’s net profit reached 1.1 billion crowns in the first six months of the year, an increase of 87.9 percent over the same period last year.
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The number of weapons sold by the company in the first half of this year increased by 19.2% from the same period last year to 362,741. Short firearms accounted for over 58%, long firearms less than 42%.
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The EBITDA indicator adjusted for one-off effects for the first six months of this year for the group increased by 49.1 percent to over SEK 1.79 billion. EBITDA is the economic result before interest, taxes and depreciation.
Samuel Colt popularized the revolver 175 years ago
History
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This is clear from the holding’s unaudited consolidated financial results, which Colt CZ released Thursday via a press release.
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