15/03/2024 08:06
Factors to watch for are the 4Q23 results or full-year numbers compared to the company's guidance, as well as the dividend proposal and management's targets for this year. Results will be lower yoy. We do not expect a repeat of the extremely high trading profits, and special taxes are clearly negative. We expect 2023 reported numbers at the top end of CEZ's guidance. We also expect a maximum dividend payout of CZK69. For this year, we estimate EBITDA at CZK120.3bn and net profit at CZK35.7bn.
Autor: Bohumil Trampota