Annual Report

Report of the Board of Directors on the Activities of the Company in 2019

In 2019, TECHO, a.s. pursued its activities fully in accordance with its subject of business declared in the Commercial Register. 

TECHO, a.s. achieved a profit (excluding received dividends) of CZK 19 million, a comparable figure to the previous year - 2018.

The largest portion of revenue was generated from projects for Key Accounts, both in the local market and abroad. The largest customers were ERSTE (Česká spořitelna), ŠKODA AUTO, and Grand Vision.

The financial result of the company after tax for 2019 was CZK 25 million, of which CZK 6 million represents dividends received from subsidiaries. This amount is then deemed a dividend payment to the sole shareholder.

In 2019, investment into tangible and intangible fixed assets stood at CZK 14 million.

The company has an environmental management system certified in accordance with ISO 14001:2016, and also a quality management system compliant with ČSN EN ISO 9001:2016 and a health and safety at work system in accordance with the requirements of ČSN OHSAS 18001:2008. The supervisory audits in 2019 confirmed their correct application.

You can download the full report here:

Annual Report 2019

Annual Reports

Annual Report 2018

Annual Report 2017

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