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MfD: ČEZ’s CEO sees lower profits as sector changes

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Czech electricity producer ČEZ will earn smaller profits in coming years as it adapts to changes in the industry, its chief executive told a newspaper in an interview published on Saturday. “We will have lower but stable profit and dividends,” Daniel Beneš told Mladá Fronta Dnes, adding a modernised nuclear power plant at Dukovany will be the main driver of profits. He did not give a specific outlook.

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