CEZ expect average electricity price to increase by 5% next year

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Investiční bankovnictví KB

      CEZ announced that decided to cut electricity prices to all its customer based on demand for the products offered for 2004. According to CEZ estimate, average electricity price should increase by 5% in 2004 to around CZK/MWh 909.

       We consider the news positive for CEZ. It confirms demand for products of CEZ and their competitiveness on liberalized market. Moreover, the average electricity price increase is also positive for CEZ, as it should result in increase in revenues and margins.

      Tyto zprávy pro vás vytváří Investiční bankovnictví KB.