Mitas made a net profit of CZK CZK 953 mil under revenues of CZK 7,975 mil in 2015, down 14% and -9.13%, respectively, when compared to the last year.
This translates into a net margin of 11.9%. Historically, the firm’s net margin reached an all time high of 12.6% in 2014 and an all time low of -1.21% in 2006. The average net margin in the last five years amounted to 7.51%.
On the operating level, EBITDA margin reached 16.4% and EBIT amounted to 18.8% of sales in 2015.
As far as Mitas's peers are concerned, Automotive Lighting posted net and EBITDA margin of 9.57% and 12.9%, respectively in 2015, Continental Automotive Czech Republic generated margins of 1.43% and 12.9% and Bosch Diesel Czech Republic's profit margin reached 2.57% on the net and 7.30% on the EBITDA level in 2015.