Toyota's Kolín car plant now keeps 0.9% of its sales

Toyota Motor Manufacturing Czech Republic, the car plant in Kolín, sold goods worth CZK 78.3bn in the year to the end of March 2026 (FY2026). That is 2.5% more than the CZK 76.3bn of FY2025. Profit went the other way. Operating profit fell to CZK 883m from CZK 2.8bn, and net profit to CZK 713m from CZK 3.0bn, a drop of 75.9%. The operating margin, the share of each crown of sales left after running costs, shrank to 1.1% from 3.7%.

A car plant carries heavy fixed costs, and depreciation shows it: CZK 834m in FY2026 against CZK 828m a year earlier, almost unchanged. Sales rose by CZK 1.9bn while operating profit fell by CZK 2.0bn, so costs must have grown faster than revenue. The accounts do not say which costs. Cash ended the year at CZK 25.0m, and equity covers 34.4% of total assets. That is a modest cash pile, though not a thin capital base. Revenue grew, and the margin paid the bill.