Microsoft CZ profits rise 90 percent

10 April 2018

The Czech branch of Microsoft saw its revenues rise 16 percent to CZK 1.72bn for its fiscal year ending June 30, while its net profit jumped 90 percent to CZK 169m. Just as promising, the company reports that 96 percent of all PCs on the Czech market use its products, with its Windows 10 operating system gaining traction rapidly. It writes in its annual report that the company’s biggest growth market lies in cloud services such as Dynamics 365 and Microsoft 365. Microsoft opened a new development division in Prague last year called Dynamics CRM employing 80 people and expected to grow rapidly in the coming years. The company’s Czech branch was opened in 1992.

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