Although scheduled to yesterday, CEZ did not report its audited consolidated IAS 2002 figures. The company will likely release the figures today, Bloomberg reports.
Our projections are:
IAS, CZK mil. 2002e 2001 % change
Sales 53,915 56,597 -4.7%
EBITDA 21,858 24,249 -9.9%
EBIT 10,716 14,913 -28.1%
Pre-tax income 10,862 13,292 -18.3%
Net income 8,785 9,123 -3.7%
EPS (CZK) 14.8 15.41
We do not expect the results to influence CEZ stock unless they differ widely from market expectations (management indicated in February that net income should be approximately CZK 9 bil.).
Jiří Soustružník