US EditionCzech power company CEZ reports net profit of $779 million in the first half of 2025
- CEZ reported a net profit of 16.5 billion Czech koruna in the first half of 2025, a decrease from 21.1 billion last year.
- The company's results surpassed expectations, prompting an increase in its profit outlook for 2025 from 25-29 billion to 26-30 billion Czech koruna, according to CEO Daniel Benes.
- CEZ and the Czech government jointly own an enterprise that signed an $18 billion deal with KHNP to build two nuclear reactors in the Czech Republic.
- The new reactors will be constructed at the Dukovany power plant as the country aims to reduce its reliance on fossil fuels.
11 Articles
11 Articles
Associated Press News
Czech power company CEZ reports net profit of $779 million in the first half of 2025
The Czech power company CEZ says its net profit totaled 16.5 billion Czech koruna ($779 million) in the first half of the year, down from 21.1 billion in the same period last year.
The CEZ energy group earned 16.5 billion crowns in the first half of the year, with the group's net profit falling by more than a fifth year-on-year. The company's operating profit (EBITDA) rose by seven percent to 73.9 billion crowns compared to last year. According to the company, the results exceeded original expectations, and its management has therefore increased its full-year outlook. The key adjusted net profit for the dividend is now exp…
Prague - The semi-state energy company CEZ reduced its net profit by more than a fifth in the first half of this year to 16.5 billion crowns. The decline exceeded the original estimates of analysts, according to which the company's financial performance was mainly affected by high depreciation and taxes. At the same time, in the middle of the year, CEZ completed its entry into the British Rolls-Royce SMR, with which it will now cooperate on the …
CEZ earned less in the first half of this year. However, operating profit before depreciation and amortization increased year-on-year and the energy group also raised its full-year outlook.
The CEZ energy group earned 16.5 billion crowns in the first half of this year, with the group's net profit falling by more than a fifth year-on-year. On the other hand, the company's operating profit (EBITDA) increased by seven percent compared to last year to 73.9 billion. This is according to data published by the company on Thursday....
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
