Cesky Telecom, CEZ and Komercni banka released their six-month IAS figures yesterday. Generally speaking, KB figures were slightly disappointing, Cesky Telecom figures were neutral, and CEZ figures were better than expected. Strangely enough for the Czech market, the stocks actually responded to the figures as they should — KB closed down and CEZ closed up. Cesky Telecom lost slightly, but this was probably unrelated to the figures. For the figures and our comments, please see the three short reports that we sent yesterday.