CEZ as
56.50
EUR
-0.45
(-0.79%)
CEZ as
GETTEX:CEZ
(Gettex)
Recent
price
56.50
P/E
ratio
23.08
div
yld
3.42%
ROIC.AI
Capital Structure
CZK
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- CEZ, a.s. (CEZ.PR) operates as the parent company of CEZ Group, Central and Eastern Europe's largest utility, engaging in the generation, distribution, trade, and sales of electricity and heat; trade and sales of natural gas; and coal extraction and mining. The company produces power from diverse sources including nuclear facilities at Temelin (2,000 MW) and Dukovany (2,000 MW), coal-fired plants such as Prunerov (1,490 MW), Pocerady (1,000 MW), and others; hydroelectric and pumped-storage stations like Dlouhe Strany (650 MW) and Orlik (364 MW); wind farms including Fântânele in Romania (600 MW); solar parks such as Ralsko (38 MW) and Sevêtín (30 MW); and gas, biomass, and biogas units, while providing energy services, electric mobility infrastructure, and comprehensive ESCO solutions for decarbonization. CEZ Group, founded in 1992 and headquartered in Prague, Czech Republic, serves over 3.5 million customers across Czechia, Germany, Hungary, Poland, Romania, Slovakia, and Turkey, with the Czech government holding nearly 70% ownership; its shares trade on the Prague and Warsaw Stock Exchanges. Recent developments include the 2024 acquisition of a 55.21% stake in GasNet, Czechia’s largest gas distributor, for €846.5 million to bolster regulated gas operations and hydrogen transition capabilities; a partnership with Rolls-Royce SMR, including a 20% stake, to deploy up to 3 GW of small modular reactors in Czechia during the 2030s; advancement toward constructing two new nuclear units at Dukovany II with South Korea’s KHNP, supported by an 80% government stake; and a new long-term gas supply contract with Algeria’s SONATRACH commencing in October 2024, alongside investments in renewables, storage exceeding 300 MWe, and network digitization under the VISION 2030 strategy targeting climate neutrality by 2040.