ČEZ projects 2026 net profit of up to 35 billion CZK

The energy group ČEZ has raised its 2026 outlook, forecasting an adjusted net profit of between 31 and 35 billion CZK. EBITDA is expected to reach between 109 and 114 billion CZK.

Under its dividend policy, the company aims to distribute 60% to 80% of its adjusted consolidated profit. Depending on the scenario, total dividends could range from 18.6 billion CZK to 28 billion CZK. Because the Czech state owns approximately 70% of the company, the majority of these payouts will go to the state treasury.

Separately, the company is addressing climate-related operational risks. ESG expert Dušan Vácha noted that while risks like floods and heatwaves are being managed through diverse energy sources and flood mapping, the greatest challenge remains unpredictable climate events that fall outside current preparedness models.