Q2 2022 CEZ as Earnings Call Transcript
Dear ladies and gentlemen, welcome to the conference call of CEZ. At our customer's request, this conference will be recorded. (Operator Instructions)
May I now hand you over to Barbara, Head of Investor Relations, who will lead you through this conference. Please go ahead.
Hello, everyone, also from me, and welcome on our record quarterly results call of CEZ Group. Let me introduce today's speakers. It is Martin Novak, Chief Financial Officer; and Pavel Cyrani, Chief Sales and Strategy Officer.
I'm now handing over to Martin to start with the presentation.
Good afternoon, good morning, everybody.
So let's start on Page 3, where we have our highlights financial results for first half of 2022.
Our operating revenue has increased by 21%, up to CZK 130.5 billion. More important, EBITDA increased by 88% to CZK 59.3 billion. Net income reached CZK 33.6 billion,
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