Edition:
India

CEZ meets 2018 profit outlook, forecasts 2019 rise


Tuesday, 19 Mar 2019 

March 19 (Reuters) - CEZ as ::CEZ FY 2018 ADJUSTED NET PROFIT CZK 13.1 BILLION VERSUS COMPANY OUTLOOK CZK 13-14 BILLION.CEZ FY 2018 EBITDA CZK 49.5 BILLION VERSUS COMPANY OUTLOOK CZK 50-51 BILLION.CEZ EXPECTS FY 2019 ADJUSTED NET PROFIT CZK 17-19 BILLION.CEZ EXPECTS FY 2019 EBITDA CZK 57-59 BILLION.CEZ SAYS HAS PRE-SOLD 64 PERCENT OF 2020 OUTPUT AT AVERAGE PRICE EUR 41.0 PER MWH.CEZ SAYS HAS PRE-SOLD 33 PERCENT OF 2021 OUTPUT AT AVERAGE PRICE EUR 41.5 PER MWH.CEZ SAYS EXPECTS FY 2019 TRADITIONAL ENERGY PRODUCTION AT 66.3 TWH (VERSUS 61.3 TWH IN 2018).CEZ Q4 ADJUSTED NET PROFIT CZK 1.5 BILLION VERSUS CZK 2.42 BILLION SEEN IN REUTERS POLL.CEZ SAYS EXPECTS OVERALL ELECTRICITY PRODUCTION IN 2019 TO RISE 8 PERCENT Y/Y TO OVER 68 TWH.CEZ SAYS AIMS TO RAISE ESCO UNIT'S SALES BY 28 PERCENT TO CZK 20.4 BILLION IN 2019. 

Company Quote

515.0
0.0 +0.00%
21 Aug 2019