Czech Republic Segment overview





1st HY


1st HY



Total sales


EUR mill.









EUR mill.







Investments in property, plant and equipment and intangible assets


EUR mill.







Workforce (on average)









Invoiced drinking water volume


m3 mill.







Invoiced waste water volume


m3 mill.







General conditions in the Czech Republic

In the first half of the 2020/2021 fiscal year, a positive economic development was recorded in the Segment despite the tense COVID-19 situation in the Czech Republic.

Due to the above-average number of COVID-19 cases compared to the European Union, the measures taken by the Czech government led to drastic restrictions in the daily lives of the population and also had a significant impact on companies.

In the course of the COVID-19 pandemic that has prevailed since March 2020, Energie AG Oberösterreich was perceived in the Czech Republic as a stable and increasingly attractive employer. The high level of job security in infrastructure business contributed to a further strengthening of the company's position on the labour market, which had been very tense from an employer's point of view until the COVID-19 pandemic.

After a volatile development during the first half of 2020/2021, the Czech koruna stabilised at the end of the reporting period at around around CZK 26.3.

Business development in the Czech Republic Segment

In the first half of the 2020/2021 fiscal year, the Czech Republic Segment generated sales revenues of EUR 86.6 million in its water and heating business. This means a slight increase on the previous year of 4.1%.

The EBIT in the Czech Republic Segment amounted to EUR 6.9 million in the reporting period. This is equivalent to a slight decrease of 4.2% (previous year: EUR 7.2 million). However, the operative business entities in the water, wastewater, services and heating sectors generated a higher EBIT in the current fiscal year as compared to the previous year. A higher EBIT contribution versus the previous year was achieved in the heating sector in the Czech Republic due to the low outside temperatures which resulted in higher sales volumes in the reporting period.

Stable development in the Czech Republic

In the Czech Republic Segment, a total volume of 24.0 million m3 of drinking water and 22.7 million m3 of waste water were invoiced in the reporting period.

Invoiced drinking water volume

in m3 mill.

Invoiced drinking water volume (bar chart)

Invoiced waste water volume

in m3 mill.

Invoiced waste water volume (bar chart)

In total, this corresponds to slightly higher volumes in drinking water and waste water business, although developments varied from region to region.

On the market side, tenders were won and contracts extended in the operating areas of Jindřichův Hradec, Tábor and Krumlov. Along with České Budějovice, Tábor and Krumlov are the most important concession contracts of ČEVAK a.s. with the largest share of sales revenues.

The heat sales volume in the Czech Republic amounted to 140 GWh in the reporting period, which is 9.4% above the previous year's figure (128 GWh).

In organisational terms, the focus in the Czech Republic Segment during the reporting period was on the further integration of VAK Zapy s.r.o., which was acquired on 6 December 2019.