According to Bloomberg, Fitch Ratings has affirmed CEZ long-term foreign currency rating at ‘A-‘ and short-term at ‘F2’ on Thursday. The outlook for the long-term is stable. The ratings reflect the company’s strong financial profile, strong free cash flow generation, low financial leverage, and solid EBITDA margin. In addition, the stable outlook reflects the agency’s expectations that CEZ will maintain a strong financial profile despite higher capital expenditure and acquisitions.
We have positive outlook on CEZ and expect it to further strengthen its position in region and to benefit from potential cooperation with as it might enable for CEZ to enter into the Hungarian market.