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Agrofert's Penam Bakeries Record Profit Increase, by a Third to 555 Million

Summary by Novinky.cz
The bakery company Penam, which is part of the Agrofert holding, saw its sales fall by 1.1 percent to 6.3 billion crowns last year, but its profit after tax rose by 29.4 percent to 555 million crowns. This follows from the company's annual report in the Collection of Documents. According to available data, last year's profit after tax was the highest in the company's history.

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The bakery company Penam, which is part of the Agrofert holding, saw its sales fall by 1.1 percent to 6.3 billion crowns last year, but its profit after tax rose by 29.4 percent to 555 million crowns. This follows from the company's annual report in the Collection of Documents. According to available data, last year's profit after tax was the highest in the company's history.

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Novinky.cz broke the news in on Monday, August 11, 2025.
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