ČEZ Reports Net Profit of More Than 27 Billion Koruna in 2025 – Record Production at Nuclear Power Plants

ČEZ looks back on a solid financial year in 2025. The Czech energy group recorded a net profit of 27.4 billion koruna and benefited in particular from record production at its nuclear power plants.

The ČEZ Group reported operating profit before depreciation (EBITDA) of 137 billion koruna for 2025. Adjusted net profit, which serves as the basis for the dividend, amounted to 28.1 billion koruna. Based on the current dividend policy, the payout could be between 31 and 42 koruna per share. In total, this would mean between 17 and 23 billion koruna flowing to shareholders.

Chief executive Daniel Beneš said the results showed the stability of the group in a phase of profound changes in the energy sector. The development of nuclear energy was highlighted in particular: the company’s nuclear power plants produced 32.1 terawatt hours of emission-free electricity in 2025, more than ever before. This corresponds to an increase of 2.4 terawatt hours compared with the previous year.

Foto: Temelín | ČEZ

Slight decline in revenues

The group’s total operating revenues amounted to 333.4 billion koruna last year, around three per cent below the 2024 figure. Operating profit before depreciation fell only slightly by 0.4 billion koruna.

Lower selling prices for generated electricity and reduced profits from trading in energy commodities weighed in particular on the results. By contrast, the integration of the gas network operator GasNet, stronger results in electricity sales and higher production at the nuclear power plants had a positive effect.

Net profit declined by 1.7 billion koruna year on year. The main reason was significantly higher depreciation – particularly as a result of the integration of GasNet into the group and accelerated depreciation of coal assets.

Investments remain high

The group’s investments amounted to 56.1 billion koruna in 2025, roughly at the level of the previous year. A further 5.8 billion koruna came from subsidy funds, mainly for the expansion and modernisation of electricity distribution networks.

Foto: ČEZ

Energy consumption rises slightly

Electricity consumption in the distribution area of ČEZ Distribuce increased slightly in 2025 by 1.3 per cent to 34.1 terawatt hours. GasNet, the gas network operator, recorded a more pronounced increase: consumption rose by seven per cent to 63.3 terawatt hours.

Sales to end customers also increased. Electricity deliveries by ČEZ Prodej grew by one per cent, while natural gas rose by as much as 13 per cent.

For the current year, the group expects operating profit before depreciation of between 103 and 108 billion koruna. Adjusted net profit is expected to range between 27 and 31 billion koruna.