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CEZ as (CEZP.PR)

CEZP.PR on Prague Stock Exchange

504.00CZK
6 Dec 2019
Change (% chg)

0.50Kč (+0.10%)
Prev Close
503.50Kč
Open
503.00Kč
Day's High
504.50Kč
Day's Low
501.50Kč
Volume
146,399
Avg. Vol
188,078
52-wk High
572.50Kč
52-wk Low
501.50Kč

Latest Key Developments (Source: Significant Developments)

Cez Says Due Diligence Still Being Conducted On Potential Geomet Stake
Wednesday, 20 Nov 2019 

Nov 20 (Reuters) - CEZ as ::CEZ SAYS ON CONDITIONAL AGREEMENT WITH EUROPEAN METALS FOR POTENTIAL GEOMET STAKE, DUE DILIGENCE STILL BEING CONDUCTED.  Full Article

European Metals Signs Partnership With CEZ Group, To Invest In Cinovec Project
Wednesday, 20 Nov 2019 

Nov 20 (Reuters) - European Metals Holdings Ltd ::CEZ POTENTIAL PARTNERSHIP & SIGNIFICANT INVESTMENT.POTENTIAL STRATEGIC PARTNERSHIP WITH CEZ AND SIGNIFICANT INVESTMENT INTO CINOVEC PROJECT.DEAL TO SEE CEZ BECOME 51% SHAREHOLDER IN GEOMET FOR CONSIDERATION OF ABOUT EUR 34.06 MILLION BY SUBSCRIBING FOR NEW GEOMET SHARES.CEZ INTENDS TO DEVELOP SEVERAL PROJECTS IN AREAS OF ENERGY STORAGE AND BATTERY MANUFACTURING IN CZECH REPUBLIC, CENTRAL EUROPE.  Full Article

CEZ CFO Novak reiterates dividend policy of paying out 80-100% of profit
Tuesday, 12 Nov 2019 

Nov 12 (Reuters) - CEZ as ::CEZ CFO NOVAK SAYS 2020 PROFIT "VERY LIKELY" TO SURPASS 2019 IF CURRENT RISE OF ELECTRICITY PRICES CONTINUES.CEZ CFO NOVAK REITERATES DIVIDEND POLICY OF PAYING OUT 80-100% OF NET PROFIT.CEZ CFO NOVAK SAYS COMPANY WILL APPEAL BULGARIA'S REGULATOR DECISION TO BLOCK ASSET SALE.CEZ CFO NOVAK SAYS KEEPING ASSETS IN BULGARIA IS OPTION IN CASE SALE IS BLOCKED.  Full Article

CEZ Q3 net profit lower than expected, revises outlook
Tuesday, 12 Nov 2019 

Nov 12 (Reuters) - CEZ as ::CEZ 9M NET PROFIT CZK 13.6 BILLION.CEZ EXPECTS FY 2019 EBITDA CZK 58 BILLION (PREVIOUS GUIDANCE CZK 57-59 BILLION).CEZ EXPECTS FY 2019 ADJUSTED NET PROFIT CZK 17-18 BILLION (PREVIOUS GUIDANCE CZK 17-19 BILLION).CEZ SAYS HAS PRE-SOLD 78% OF 2020 OUTPUT AT AVERAGE PRICE EUR 43.2 PER MWH (PREVIOUS EUR 42.3 PER MWH BY END-JUNE).CEZ SAYS HAS PRE-SOLD 48% OF 2021 OUTPUT AT AVERAGE PRICE EUR 45.4 PER MWH (PREVIOUS EUR 43.6 PER MWH BY END-JUNE).CEZ 9M NET ADJUSTED PROFIT CZK 14.7 BILLION, UP 30%.CEZ Q3 ATTRIBUTABLE NET PROFIT CZK 0.1 BILLION VERSUS CZK 2.21 BILLION SEEN IN REUTERS POLL.CEZ Q3 REVENUE CZK 48.03 BILLION VERSUS CZK 50.02 BILLION SEEN IN REUTERS POLL.CEZ Q3 EBITDA CZK 9.8 BILLION VERSUS CZK 11.42 BILLION SEEN IN REUTERS POLL.CEZ Q3 ADJUSTED NET PROFIT CZK 0.5 BILLION VERSUS CZK 2.09 BILLION SEEN IN REUTERS POLL.CEZ EXPECTS FY 2019 TRADITIONAL ENERGY PRODUCTION AT 63.3 TWH (PREVIOUS OUTLOOK 64.6 TWH).CEZ SAYS CHANGED OUTLOOK DUE TO FULFILLED RISK OF RETURNING SZDC PAYMENT, HIGHER PROFIT ON COMMODITY TRADING AND HIGHER MARGIN ON ELECTRICITY SALES.CEZ SAYS ON ROMANIA SALE PROCESS, INDICATIVE OFFERS EXPECTED BY END OF YEAR, MORE THAN 30 PROSPECTIVE BUYERS EXPRESSED INTEREST.CEZ SAYS ON ROMANIA ASSETS SALE, EXPECT BINDING BIDS TO BE SUBMITTED IN Q2 2020, TRANSACTION COMPLETION IS EXPECTED IN H1 2021.  Full Article

CEZ buys stake in Polish energy services group EUROKLIMAT
Wednesday, 4 Sep 2019 

Sept 4 (Reuters) - CEZ as ::CEZ SAYS ACQUIRED A STAKE IN EUROKLIMAT.CEZ SAYS ACQUIRED A 76% STAKE IN THE POLISH COMPANY EUROKLIMAT, WITH AN OPTION TO PURCHASE UP TO 100% STAKE.CEZ SAYS EUROKLIMAT LAST YEAR ACHIEVED A TOTAL TURNOVER OF ALMOST CZK 1.5 BILLION.  Full Article

Aramco Says King Salman Energy Park Signs Agreement To Establish Oilfields Supply Center
Thursday, 11 Jul 2019 

July 11 (Reuters) - SAUDI ARABIAN OIL CO ::KING SALMAN ENERGY PARK (SPARK) AND OILFIELDS SUPPLY CENTER (OSC) SIGN AGREEMENT TO ESTABLISH OSC AS AN ANCHOR TENANT AT SPARK, AN ENERGY CITY MEGAPROJECT.IN COLLABORATION WITH SAUDI ARAMCO, OSC WILL DEVELOP A BUSINESS INCUBATOR, CALLED THE COMMON USER SUPPLY BASE (CUSB) TO SUPPORT OIL AND GAS INDUSTRY IN KINGDOM AND REGION.OSC PLANS TO INVEST AROUND $450 MILLION OVER NEXT TWO YEARS, CONTRIBUTING TO SPARK’S OBJECTIVE OF LOCALIZING MORE THAN 300 NEW INDUSTRIAL AND SERVICE FACILITIES.CUSB WILL BE AN INDUSTRIAL FACILITY THAT PROVIDES INDUSTRIAL BUILDINGS OF VARIOUS SIZES TO HOST COMPANIES AND SUPPLY THEM WITH INTEGRATED SERVICES SUCH AS LOGISTICS, TECHNICAL ENGINEERING SERVICES AND BUSINESS SUPPORT.WHEN OPERATIONAL, SPARK IS ESTIMATED TO CONTRIBUTE MORE THAN $6 BILLION TO KINGDOM’S GDP ANNUALLY AND CREATE THOUSANDS OF DIRECT AND INDIRECT JOBS.  Full Article

CEZ AGM Approves CZK 24 dividend per Ssare, as propposed by board
Thursday, 27 Jun 2019 

June 27 (Reuters) - CEZ as ::CEZ AGM APPROVES CZK 24 DIVIDEND PER SHARE, AS PROPPOSED BY BOARD.  Full Article

Eurohold says will pay EUR 335 mln for CEZ assets in Bulgaria
Thursday, 20 Jun 2019 

June 20 (Reuters) - CEZ as ::EUROHOLD SAYS WILL PAY EUR 335 MILLION FOR CEZ ASSETS IN BULGARIA.EUROHOLD SAYS HAS SIGNED CONTRACT FOR PURCHASE OF CEZ ASSETS.EUROHOLD SAYS ACQUISITION TO BE COMPLETED AFTER REGULATORY APPROVALS.  Full Article

Eurohold Agrees To Acquire CEZ Group's Assets In Bulgaria For 335 Mln Euros
Thursday, 20 Jun 2019 

June 20 (Reuters) - Eurohold Bulgaria AD <4EH.BB>::SAYS EUROHOLD AGREED TO ACQUIRE CEZ GROUP’S ASSETS IN BULGARIA.SAYS ЕUROHOLD WILL PAY EUR 335 MILLION AND HAS MANDATED TWO GLOBAL INVESTMENT BANKS TO ARRANGE FUNDING FOR TRANSACTION.SAYS EUROHOLD WILL FINANCE THE ACQUISITION THROUGH A COMBINATION OF EQUITY AND DEBT FINANCING.SAYS EUROHOLD’S ACQUISITION OF CEZ GROUP’S ASSETS IN BULGARIA IS EXPECTED TO BE FINALIZED AFTER OBTAINING REGULATORY APPROVALS.SAYS EUROHOLD HAS SECURED THAT CEZ BULGARIA’S CURRENT SENIOR MANAGEMENT, INCLUDING THE CHIEF EXECUTIVE OFFICER, WILL REMAIN IN THE COMPANY.  Full Article

Cez CFO Novak exercises options, sells shares
Wednesday, 5 Jun 2019 

June 5 (Reuters) - CEZ as ::CEZ CFO NOVAK SELLS 96,000 COMPANY SHARES AT AVERAGE PRICE 541.06 CROWNS -FILING.CEZ CFO NOVAK BUYS 100,000 COMPANY SHARES AT AVERAGE PRICE 435.5 CROWNS PER SHARE -FILING.  Full Article