Czech Colt CZ announces dual listing on Euronext Amsterdam

Czech weaponry manufacturer Colt CZ has announced the admission to listing and trading of its shares on the regulated market of Amsterdam’s Euronext bourse.
Trading of Colt CZ shares is expected to commence on April 15 at 9:00 am under the ticker symbol “COLT”. The shares will be fully fungible between Euronext and the Prague Stock Exchange where the company has been listed since 2020 and its ISIN remains CZ0009008942.
“The completion of the dual listing on Euronext Amsterdam marks a significant milestone in the company's continued development as a publicly listed company,” CEO of Colt CZ Radek Musil commented in a press release.
“The existing listing in Prague remains strategically important and an integral part of Colt CZ’s capital markets presence,“ he added.
Following the shareholders' meeting last week, the company is expected to offer 9.4mn shares to investment banks for CZK600-1,500 (approx. €25-62) per share.
Colt CZ's entry on Euronext marks the second Czech defence company appearing on the Dutch bourse this year after Czechoslovak Group (CSG) January 23 IPO on the Euronext bourse in Amsterdam became the “world’s largest defence IPO ever recorded both in terms of amount raised and market capitalisation,” according to Euronext.
The IPO also made CSG CEO and owner Michal Strnad the third richest man under 40 worldwide, but after initial rise CSG shares since then fell under its IPO value of €25 per share after CSG faced a series of anti-graft reports in Czech and Slovak media casting doubt on the transparency of its IPO.
As IntelliNews covered last month, Colt CZ reported a rise in net profit by 95.7% year-on-year (y/y) to CZK2bn (€82mn) in 2025.
Revenues rose by 4.6% y/y to CZK23.4bn in line with the full year revenue guidance of CZK23-24.5bn. The reported Ebitda increased by 38.2% to CZK4.8bn, according to the preliminary consolidated unaudited financial results released on March 25.
“Results were primarily driven by the dynamic expansion of the ammunition segment and the full consolidation of Sellier & Bellot, while the firearms segment continued to be impacted by weaker demand in the US commercial market,” commented Musil at the time.
Colt CZ acquired Sellier & Bellot in May 2023 in a $703mn deal in cash issues of new shares worth $353mn from the Brazilian CBC, of which the Czech ammunition producer had been part since 2009.
Musil also stated that “we are entering 2026 with a strong order backlog and a clear focus on integrating newly acquired assets, expanding our capacity, and delivering value to our shareholders”.
Colt CZ announced to the general meeting a cash dividend of CZK30 per share from the 2025 profit.
The company's results also show that the number of firearms sold in 2025 dropped by 8.7% y/y as a result of continued slowdown on the US commercial market, which was affected by the six-week shut down of the US federal government.
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