Seznam hits new turnover and profit figures

Turnover and profit for the Czech Republic’s biggest Internet search engine company Seznam rose by around 10 percent last year. Turnover climbed by 9.0 percent to 3.41 billion crowns and profit before tax by 10 percent to 1.25 billion compared with 2014. Both figures are new records. Income related to Seznam’s search related ads was up more than 20 percent year-on-year. Those ads represent around 40 percent of the company’s overall ad income.

Author: Chris Johnstone