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CEZ Group Earned CZK 29.6 bn in 2023, with 74% thereof from emission-free activities. It is the highest profit for the past 10 years, excluding the extraordinary year of 2022

03/21/2024
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Earnings before interest, taxes, depreciation and amortization (EBITDA) reached CZK 124.8 bn, down 5% year-on-year. We exceeded our initial ambitions, mainly thanks to additional gains from commodity trading and reliable nuclear power plant production. Net Profit reached CZK 29.6 bn. Adjusted Net Profit reached CZK 34.8 bn, and the dividend policy in place indicates a dividend of CZK 39 to 52 per share. In 2024, CEZ Group expects EBITDA of CZK 115 to 120 bn and Adjusted Net Profit at CZK 25 to 30 bn.

CEZ Group has met its main strategic sustainability goal, announced in 2021, to be among the top 20% of ESG ratings in 2023. According to CSRHub, an international rating aggregator, which rates nearly 35,000 companies, ČEZ reached the 84th percentile at the end of the year, placing it among the top 16% of companies worldwide.