CEZ backs fiscal 2009 financial outlook

Thu Nov 12, 2009 8:43am GMT
 
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PRAGUE, Nov 12 (Reuters) - Czech power group CEZ (CEZPsp.PR) on Thursday backed its financial outlook for fiscal 2009 and said it has secured secured 51 percent of its wholesale electricity deliveries for 2011.

CEZ, central Europe's biggest listed company, expects 2009 earnings before interest, tax, depreciation and amortisation (EBTIDA) to be 90.3 billion crowns and it sees net profit, including minorities, at 50.2 billion crowns. (Reporting by Jason Hovet, Editing by Michael Kahn)

 

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