CEZ îmbunătăţeşte perspectivele pentru al doilea trimestru consecutiv - Economica.net

Czech utility group CEZ has improved its outlook for the second consecutive quarter due to rising prices and nuclear energy generation amid Middle East conflicts. The Czech state holds about 70% of CEZ shares and seeks tighter control over key assets. Adjusted net profit rose by 8% year-on-year to 4.3 billion crowns, though below analyst expectations. CEZ anticipates an adjusted net profit of 31 to 35 billion crowns for the year, up from previous estimates. The positive forecast is attributed to distribution performance and higher electricity prices. CEZ's financial director noted that most expected production for 2026 has already been pre-sold, and restructuring plans are on track. S&P has downgraded CEZ's outlook due to potential changes, emphasizing debt distribution as crucial for ratings.