Mar 15, 2022 / 03:00PM GMT
Operator
Dear ladies and gentlemen, welcome to the conference call of CEZ. At our customer's request, this conference will be recorded. (Operator Instructions)
I now hand you over to Barbara Seidlová. Please go ahead.
Barbara Seidlová,CEZ - a. s. - Head of IR
Hello, everyone, and welcome at our regular quarterly conference call today on 2021 results and the outlook for 2022. The presentation will be given by Martin Novák, Chief Financial Officer; and Pavel Cyrani, Chief Sales and Strategy Officer.
Now I'm handing over to Martin to start.
Martin Novák - CEZ, a. s. - CFO, Deputy CEO of Operations & Director
Thank you. So good afternoon, good morning, everybody. Let me start with financial highlights of 2021.
On the first slide, you can see that our operating revenue increased by 7%. EBITDA decreased slightly by 2% year-on-year. Net income is 81% higher. Adjusted net income is 3% lower, meaning basically flat. It reached CZK 22.3 billion. Market capitalization
Q4 2021 CEZ as Earnings Press Conference Transcript
Feb 13, 2024
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