The earnings call reflects a mixed performance with significant revenue and EBITDA growth, largely driven by strategic investments and acquisitions such as GasNet. However, this is tempered by declines in net income, increased costs in depreciation and amortization, and challenges in the power generation segment due to external factors like weather and legal issues with the nuclear project.

Company Guidance -

Q3 2025

During the First Quarter 2025 Conference Call, the company provided updated financial guidance, raising its EBITDA forecast to between CZK 127 billion and CZK 132 billion, up from the previous range of CZK 125 billion to CZK 130 billion. However, the net income guidance remains unchanged at CZK 25 billion to CZK 29 billion, largely due to ongoing windfall taxes and increased depreciation, notably from accelerated coal asset depreciation and the inclusion of GasNet's assets. The company's operating revenue improved by 7% year-on-year to CZK 93.4 billion, with EBITDA also increasing by 7% to CZK 43 billion. Despite a 6% decline in both net income and adjusted net income, standing at CZK 12.8 billion and CZK 12.7 billion respectively, the firm is proposing a dividend of CZK 47 per share, equating to 80% of adjusted net income. Capital expenditures reached nearly CZK 7 billion, marking a slight decline of 6%. The company also highlighted key factors impacting EBITDA, including a CZK 5.5 billion negative impact from declining power prices and positive contributions totaling CZK 1.5 billion from distribution and GasNet, among others.

Operating Revenue Growth

Achieved operating revenue of CZK 93.4 billion, marking a 7% improvement year-on-year.

EBITDA Increase

EBITDA reached CZK 43 billion, a 7% improvement from the previous year.

GasNet Contribution

GasNet contributed CZK 4.3 billion to EBITDA, marking a significant 100% variance as it was not included in the previous year's numbers.

Dividend Proposal

Board of Directors proposed a dividend of CZK 47 per share, representing 80% of adjusted net income.

Distribution Segment Growth

The Distribution segment saw a significant growth of more than 50%, driven by the inclusion of GasNet and increased investments.

Sales Segment Performance

Sales segment reported almost 90% growth year-on-year, helped by lower cost deviations and a colder winter.

CEZ AS (DE:CEZ) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

DE:CEZ Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	0.36 / -	0.18	―	―	―
Aug 07, 2025	2025 (Q2)	0.37 / 0.30	0.576	-47.45% (-0.27)	―	―
May 15, 2025	2025 (Q1)	0.62 / 0.96	1.031	-6.45% (-0.07)	―	―
Mar 13, 2025	2024 (Q4)	- / 0.54	-0.018	3057.11% (+0.55)	―	―
Nov 12, 2024	2024 (Q3)	- / 0.18	0.574	-68.64% (-0.39)	―	―
Aug 08, 2024	2024 (Q2)	- / 0.58	0.871	-33.89% (-0.30)	―	―
May 14, 2024	2024 (Q1)	- / 1.03	0.821	25.64% (+0.21)	―	―
Mar 21, 2024	2023 (Q4)	- / -0.02	2.168	-100.84% (-2.19)	―	―
Nov 09, 2023	2023 (Q3)	- / 0.57	1.426	-59.74% (-0.85)	―	―
Aug 10, 2023	2023 (Q2)	- / 0.87	0.528	65.09% (+0.34)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

DE:CEZ Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	€50.20	€50.65	+0.90%
May 15, 2025	€46.24	€45.72	-1.12%
Mar 13, 2025	€40.05	€39.97	-0.19%
Nov 12, 2024	€34.28	€33.96	-0.95%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does CEZ AS (DE:CEZ) report earnings?

CEZ AS (DE:CEZ) is schdueled to report earning on Nov 11, 2025, Before Open (Confirmed).

What is CEZ AS (DE:CEZ) earnings time?

CEZ AS (DE:CEZ) earnings time is at Nov 11, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of CEZ AS stock?

The P/E ratio of CEZ AS is N/A.

What is DE:CEZ EPS forecast?

DE:CEZ EPS forecast for the fiscal quarter 2025 (Q3) is 0.36.

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