Q3 2024 CEZ as Earnings Call Transcript

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Nov 12, 2024

Nov 12, 2024 / 03:00PM GMT
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Portions of this transcript marked (audio in progress) indicate audio problems. The missing text will be supplied if a replay becomes available.

Barbara Seidlova - CEZ as - Investor Relations

(audio in progress) presentation of results for nine months of 2024. It is my pleasure to welcome Martin Novak, Chief Financial Officer; and Pavel Cyrani, Chief Sales and Strategy Officer, who will walk you through the presentation, and then we will follow with a Q&A session.

I'm handing over to Martin.

Martin Novak - CEZ as - Chief Financial Officer, Member of the Management Board

Good afternoon. Good morning, everybody. So let's start with slide number 3 with financial highlights of first nine months of this year compared to last year. You can see that our operating revenue is 1% lower. EBITDA, which is an important number, is actually CZK 5 billion or 5% higher, and we reached the level of CZK100 billion.

Operating income slightly higher 6%, basically copying EBITDA. Our net income and adjusted net income

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