The Czech Republic’s Ministry of Industry and Trade has officially given its approval after completing the safety assessment of the three approved bidders - EDF from France, Westinghouse from the USA and Korea Hydro & Nuclear Power.
CEZ Group’s operating income before depreciation and amortization (EBITDA) for 2021 reached CZK 63.2 bn, a decrease of CZK 1.5 bn year-on-year, although the Romanian and Bulgarian companies sold were consolidated into the results for a significantly shorter period than in the previous year. EBITDA of existing assets increased by CZK 2.7 bn year-on-year. Net income adjusted for exceptional non-monetary effects decreased by 3% to CZK 22.3 bn. The Board of Directors will propose a dividend of CZK 44 per share to the annual Shareholders’ Meeting. The Company expects EBITDA of CZK 85–89 bn in 2022 and net income of CZK 38–42 bn. The dividend from income is expected to be CZK 56–62 per share in 2022.
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