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CEZ Q2 net profit dips 4 pct, misses forecasts

Thu Aug 13, 2009 3:30am EDT

Stocks

    
 PRAGUE, Aug 13 (Reuters) - Net attributable profit at Czech
electricity group CEZ (CEZPsp.PR) dipped 4 percent to 12.55
billion crowns ($686.2 million) in the second quarter, missing
analysts' estimates.
 Twelve analysts on average forecast net profit for the
period at 13.23 billion crowns ($726.9 million).
 Central and Eastern Europe's largest listed power company
confirmed its full-year guidance of a 6 percent rise in net
profit before minority shares are deducted of 50.2 billion
crowns. It also still sees earnings before interest, tax,
depreciation and amortisation (EBITDA) rising by 2 percent.
 (Reporting by Jan Korselt and Jana Mlcochova; editing by
John Stonestreet)



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