Cesky Telecom reported better-than-expected 9M net profit of CZK 3.7bn only due to higher-than-expected income tax shield related to the dividend payments - sales and operating profit were worse-than-expected.
Ceske radiokomunikace reported its unconsolidated 9M CAS figures yesterday, these were marginally below our projections an all levels, nevertheless, these are of little importance for the stock as they do not reflect the results of T-Mobile CR (39% stake is the main asset of Cra).
Komercni banka (KB) and CEZ will report their 9M 2003 results today (at 10 a.m. and 10.30 a.m. CET, respectively). KB has scheduled a presentation to discuss the results at 1 p.m. CET, and a conference call for analysts is scheduled for 4 p.m. CET.
Jitka Oppitzová