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Škoda profits climb for third record-breaking year in row

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Škoda Auto has just enjoyed the most successful year in its history. The Czech-based carmaker saw its profits climb by just over a third in 2016 to reach CZK 25.7 billion. It was the third year in succession that Škoda, the country’s biggest exporter, made a new record profit. Sales rose by 10 percent to a record CZK 370 billion. Also up was the number of cars delivered to customers, which grew by 6.7% to 1,127,000.

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