CEZ, a. s.
CZAVF
Other OTC54.95
USD
- -
- -
ISIN
CZ0005112300
Return %
Stock
S&P500
1Y
-8.57
17.85
3Y
39.11
64.56
5Y
89.48
69.89
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Daniel Benes
- Full Time Employees
- 33,600
- Sector
- Utilities
- Industry
- Renewable Utilities
- Address
- DuhovA 2/1444 Prague Czech Republic 140 53
- IPO Date
- Jan 17, 2012
- Website
- cez.cz
- Similar Companies
- Business
- CEZ, a. s. is a leading energy company headquartered in Prague, Czech Republic, primarily engaged in the generation, distribution, trade, and sale of electricity, heat, and natural gas across Western, Central, and Southeastern Europe, including operations in countries such as Germany, Hungary, Poland, Romania, Slovakia, and Turkey. The company operates a diversified portfolio of power generation assets including nuclear, coal-fired, hydroelectric, photovoltaic, wind, biogas, combined cycle gas turbine, and combined heat and power plants. CEZ also engages in coal mining; trading of commodities including natural gas; provision of energy services; business consulting; and operation of security and acoustic systems for buildings. Founded in 1992, CEZ serves a broad customer base encompassing residential, commercial, and industrial clients. Recent major developments include CEZ's strategic divestment of Polish coal-fired assets as part of its VISION 2030 plan to reduce coal-generated electricity to 25% by 2025 and achieve climate neutrality by 2040. In 2024, CEZ acquired a 55.21% stake in Czech Republic gas distribution network operator GasNet for approximately €846.5 million, expanding its footprint in gas infrastructure. The company also entered a cooperation agreement with Rolls-Royce SMR to develop small modular reactors, signaling a significant step in its nuclear energy expansion and innovation strategy. Capital expenditures are increasing with a focus on renewables and regulated distribution networks, reflecting CEZ’s commitment to sustainable growth and energy transformation. CEZ operates through four main segments: Generation, Distribution, Sales, and Mining, with an installed capacity of approximately 14.1 GW. Its generation mix balances between conventional thermal sources and renewable energy technologies, providing emission-free electricity, including a record-high nuclear power output expected to reach nearly 32 TWh in 2025. CEZ is majority state-owned and is listed on both the Prague and Warsaw stock exchanges. The company continues to focus on innovative energy solutions and sustainability in alignment with European Union climate targets, aiming to provide safe, competitive, and low-emission energy to its customers.