CEZ as

CEZ reported a 10% increase in net income to CZK18.1 billion for the first half of 2026, driven by the absence of the windfall profit tax that ended on December 31, 2025. EBITDA fell 20% to CZK59 billion due to lower power prices and reduced trading profits, while operating cash flow rose 55% to CZK26 billion. The company raised its full-year EBITDA guidance to CZK109 billion to CZK114 billion and adjusted net income guidance to CZK31 billion to CZK35 billion. Net debt increased about 9% to nearly CZK200 billion, and capital expenditures rose 30% year-on-year.

Rolls-Royce has begun a process to buy key nuclear island components, including reactor pressure vessels, from South Korea or the Czech Republic for its first UK small modular reactors, triggering concerns about how much of the British-designed plants will actually be built at home. The company is considering Korea's Doosan and Czech state energy giant CEZ for the contracts, which cover detailed design and pre-production, because only a handful of businesses globally can make the specialist equipment and construction must begin within five years. The reactor island accounts for about 20 to 25 percent of the SMR's production value, while the pressure vessel represents less than 0.5 percent, but the lack of a British bidder has been called extremely disappointing by UK Steel. Rolls-Royce had previously shortlisted UK locations for a £200 million pressure vessel factory before dropping the idea in summer 2024, and the decision is expected to trigger greater political scrutiny of the rest of its plan. The company insists it is committed to maximising localisation and says there is still potential for Sheffield Forgemasters to play a role, while other domestic opportunities include a major module assembly factory and turbine manufacturing, with ministers targeting at least 70 percent domestic content for the Anglesey SMRs.