CEZ raises 2026 profit outlook on higher energy prices
CEZ raised its 2026 profit outlook to 34 billion crowns as Middle East tensions lift prices. The utility also reported a 6% rise in first-quarter adjusted profit.
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CEZ AS raised its 2026 adjusted net profit outlook to a range of 30 billion to 34 billion crowns. The utility previously expected 27 billion to 31 billion crowns, following a 6% rise in first-quarter adjusted net profit. Regional energy volatility and higher coal utilization are driving earnings as the Czech Republic utility navigates Middle East supply disruptions.
CEZ expects EBITDA between 107 billion and 112 billion crowns for 2026, up from its previous guidance. The utility earned 28.1 billion crowns in adjusted net profit and 137.0 billion in EBITDA during 2025.
