CEZ Q3 Adjusted Net Profit Rises 55%, FY Earnings Outlook Raised
Czech electricity producer CEZ said adjusted net profit rose 55% in the third quarter and raised its full-year earnings outlook. The company linked the outlook change to the sale of a stake in a Slovak nuclear power firm.
Czech electricity producer CEZ PSECZ:CEZ posted a 55% rise in third-quarter adjusted net profit on Thursday and raised its outlook for full-year earnings after after the sale of a stake in a Slovak nuclear power firm.($1 = 22.0060 Czech crowns)