Press releases pg. 82
CEZ Group’s 2013 Net Profit at CZK 35.2 bn
The CEZ Group has exceeded the originally estimated results for 2013. Operating Profit Before Tax (EBITDA) decreased by 4.4% year on year to CZK 82.1 bn, exceeding the expected value by CZK 1.1 bn. Its Net Profit declined by 12.3% year on year to CZK 35.2 bn (CZK 0.2 bn above the expectations). The main factor behind the year-on-year decline is a major drop of the wholesale prices of electricity due to massive subsidies going into renewable energy sources, combined with a stagnating European economy and ongoing uncertainty concerning the regulatory environment in the energy sector. In 2014, the CEZ Group expects its EBITDA to reach CZK 70.5 bn and its Net Profit approximately at CZK 27.5 bn.
27. 2. 2014
30,000 Visitors Toured the Temelín Reactor in Just One Month
Just one month was enough for 30,000 people to virtually tour the Temelín Nuclear Power Plant. The English version of the virtual tour makes the inside of the largest Czech power plant accessible to foreigners, too, among them being mostly German, Austrian and Slovak nationals. Not even the power plant staff expected to see such high numbers of visitors.
24. 2. 2014
ČEZ even more transparent
Since the 12th of February, ČEZ has been reporting its commodity exchange transactions and OTC commodity, interest rate and currency derivative transactions to a trade repository.
13. 2. 2014
ČEZ has priced its offering of €470.2 million Guaranteed Exchangeable Bonds due 2017 exchangeable for ordinary shares of MOL Hungarian Oil and Gas PLC
ČEZ, a. s. has successfully priced its offering of €470.2 million guaranteed exchangeable bonds due 2017 exchangeable for existing ordinary shares of MOL Hungarian Oil and Gas PLC.