LONDON (Thomson Financial) - Leading Czech power utility CEZ posted a 26.8 pct rise in first half net profit to 21 bln crowns on the back of rising domestic wholesale electricity prices and acquisitions in eastern Europe.
Underlying earnings before interest, tax, depreciation and amortisation at the largest company in the CEE region rose 11.1 pct to 38.2 bln crowns in the the first half.
The company said it still sees full year EBITDA rising 10 pct to 70.9 bln crowns. tf.TFN-Europe_newsdesk@thomson.com cw COPYRIGHT Copyright AFX News Limited 2007. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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