Q3 2023 CEZ as Earnings Call Transcript
Hello everyone, and welcome to 9 Months 2023 Results Conference Call. It's my pleasure to welcome here Martin Novak, Chief Financial Officer; and Pavel Cyrani, Chief Sales and Strategy Officer. The call will have 2 parts. First, gentlemen will go through the presentation, and then you will have the opportunity to ask questions. Now I'm handing over to Martin to start the presentation part.
Good afternoon. Good morning, everybody. So I'll start with, first, with financial highlights and our selected events. So when you look at Slide #3 actually that is now on the screen, you can see that our operating revenue has grown by 17%; our EBITDA, probably the most important number, by 6% to CZK 95 billion; net income to almost CZK 30 billion; adjusted net income, CZK 31.4 billion; operating cash flow, significant growth, mainly due to margin requirements that were coming back, to CZK 133 billion; capital expenditure, 31% growth to CZK 27.9 billion. We actually
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