Research (J&T BANKA)
Czech markets  |  January 28, 2013 09:22:15

Novak (CEZ): Resources are not shut down, falling prices will affect the results


CEZ will not have due to falling prices of electricity shut down some of its sources, said Chief Financial Officer Martin Novak. Electricity prices fall to lows aged and it will affect the Company's financial results. ČEZ should nevertheless remain the most profitable company in the sector. The company's production is sold out for this year and next year is about half sold out. In an interview not published any new data, we consider it due to the price action of CEZ neutral.

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