CEZ will release its consolidated IAS results for 2001 today since the company earlier announced that its net income stood at approx. CZK 9.3 bil. for the year, the results should not have a significant influence on the stock.
Nevertheless, our projections are:
CZK mil. 2000 2001e change
Revenues 52,692 59,364 12.6%
EBITDA 22,204 26,836 20.9%
EBIT 12,855 16,792 30.6%
Pretax Income 10,601 13,599 28.3%
Net Income 7,237 9,383 29.7%
(Jiri Soustruznik)