Full Year 2018 CEZ as Earnings Call Transcript

Mar 19, 2019 / 03:00PM GMT
Operator

Ladies and gentlemen, welcome to CEZ Group 2018 Results Conference Call.

I'll now hand you over to Zdenek Zábojník, Investor Relations. Sir, you may begin.

Zdenek Zábojník -

Okay. Ladies and gentlemen, welcome to our CEZ Group conference call on 2018 financial results. My name is Zdenek Zábojník from Investor Relations. Let me introduce our speakers. First, Mr. Martin Novák, he's Chief Financial Officer of CEZ Group; and second, Mr. Pavel Cyrani, he's Chief Sales and Strategy Officer of CEZ Group.

Now I hand it to Mr. Novák -- Mr. Martin Novák. And at the end, there will be questions and answers. Okay.

Martin Novák - CEZ, a. s. - Vice Chairman & CFO

Thank you. So good afternoon and good morning, everybody. So I will cover first 3 parts. So on the first slide, you can see electricity prices development. We have seen in past 12 months or now more than 12 months actually increasing power prices finally that reached in its peak over EUR 55 per

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