Czech power firm CEZ Q1 net profit beats forecast

17.05.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Czech power firm CEZ posted a 12.68 billion crown ($609.9 million) net attributable profit for the first quarter, beating market expectations...

...of 12.09 billion crowns.

The company said on Thursday sales reached 44.12 billion, compared with average expectations of 46.61 billion in a Reuters poll of analysts.

Earnings before interest and tax (EBIT) reached 16.32 billion, below the market expectation of 16.87 billion. Profit before interest, tax, depreciation and amortisation (EBITDA) was 21.74 billion, below market forecast of 22.61 billion.

[PRAGUE/Reuters/Finance.cz]

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