![](\"https:\/\/www.europesays.com\/cz\/wp-content\/uploads\/2026\/05\/doosan.jpeg\")
<\/a><\/p>\nDoosan n\u00e1vrh zd\u016fvod\u0148uje finan\u010dn\u00ed situac\u00ed firmy i\u00a0svou dividendovou politikou. V\u00a0pozv\u00e1nce na valnou hromadu uvedl, \u017ee p\u0159i rozd\u011blen\u00ed zisku vych\u00e1zel ze sou\u010dasn\u00e9ho i\u00a0o\u010dek\u00e1van\u00e9ho v\u00fdvoje hospoda\u0159en\u00ed. Zohlednil podle n\u00ed tak\u00e9 p\u0159echod z\u00a0\u010desk\u00fdch \u00fa\u010detn\u00edch standard\u016f na mezin\u00e1rodn\u00ed standardy IFRS.<\/p>\n
U\u017e p\u0159ed lo\u0148sk\u00fdm vstupem na burzu p\u0159itom investor\u016fm firma avizovala, \u017ee chce na dividend\u00e1ch vypl\u00e1cet nejm\u00e9n\u011b 70\u00a0procent \u010dist\u00e9ho zisku.<\/p>\n
V\u00fdnos p\u0159es \u0161est procent<\/p>\n
P\u0159i cen\u011b akcie kolem 437\u00a0korun, za kterou se titul ve \u010dtvrtek obchodoval na pra\u017esk\u00e9 burze, odpov\u00edd\u00e1 navr\u017een\u00e1 dividenda hrub\u00e9mu dividendov\u00e9mu v\u00fdnosu zhruba 6,4\u00a0procenta. Kdo chce m\u00edt na dividendu n\u00e1rok, mus\u00ed akcie koupit nejpozd\u011bji 2.\u00a0\u010dervence. Od 3.\u00a0\u010dervence se u\u017e budou obchodovat bez n\u00e1roku na leto\u0161n\u00ed v\u00fdplatu. Samotn\u00e1 dividenda m\u00e1 b\u00fdt splatn\u00e1 7.\u00a0srpna.<\/p>\n
Spole\u010dnost na pra\u017eskou burzu vstoupila v\u00a0\u00fanoru lo\u0148sk\u00e9ho roku. Akcie byly v\u00a0prim\u00e1rn\u00ed nab\u00eddce prod\u00e1v\u00e1ny za 240\u00a0korun za kus. Prvn\u00ed obchodn\u00ed den otev\u0159ely na 260\u00a0korun\u00e1ch a\u00a0zakon\u010dily jej na 284\u00a0korun\u00e1ch, tedy zhruba 18\u00a0procent nad upisovac\u00ed cenou.<\/p>\n
Na sou\u010dasn\u00e9 \u00farovni kolem 437\u00a0korun jsou akcie o\u00a0v\u00edce ne\u017e 80\u00a0procent v\u00fd\u0161e ne\u017e p\u0159i IPO, tedy vstupu na burzu. Doosan se tak za\u0159adil mezi \u00fasp\u011b\u0161n\u011bj\u0161\u00ed nov\u00e1\u010dky posledn\u00edch let na pra\u017esk\u00e9m trhu, kter\u00fd dlouhodob\u011b trp\u00ed nedostatkem nov\u00fdch emis\u00ed.<\/p>\n
Kvart\u00e1l uk\u00e1zal siln\u00e9 i\u00a0slab\u0161\u00ed str\u00e1nky<\/p>\n
Vedle dividendy firma ned\u00e1vno zve\u0159ejnila tak\u00e9 v\u00fdsledky za prvn\u00ed \u010dtvrtlet\u00ed leto\u0161n\u00edho roku. Ty na prvn\u00ed pohled nebyly a\u017e tak siln\u00e9. Tr\u017eby meziro\u010dn\u011b klesly o\u00a0t\u00e9m\u011b\u0159 16\u00a0procent na 878\u00a0milion\u016f korun. Spole\u010dnost vysv\u011btlila pokles hlavn\u011b \u010dasov\u00e1n\u00edm zak\u00e1zek a\u00a0zpo\u017ed\u011bn\u00edm rozhodov\u00e1n\u00ed u\u00a0n\u011bkter\u00fdch projekt\u016f.<\/p>\n
U podobn\u011b projektov\u011b \u0159\u00edzen\u00e9ho pr\u016fmyslov\u00e9ho podniku mohou b\u00fdt jednotliv\u00e1 \u010dtvrtlet\u00ed opravdu v\u00fdrazn\u011b rozkol\u00edsan\u00e1. Velk\u00e9 zak\u00e1zky se toti\u017e do v\u00fdnos\u016f prom\u00edtaj\u00ed postupn\u011b podle toho, v\u00a0jak\u00e9 f\u00e1zi realizace se nach\u00e1zej\u00ed. Slab\u0161\u00ed tr\u017eby v\u00a0jednom kvart\u00e1lu proto samy o\u00a0sob\u011b nemus\u00ed vypov\u00eddat o\u00a0celkov\u00e9m v\u00fdvoji zak\u00e1zkov\u00e9 knihy.<\/p>\n
Ziskovost se ale zlep\u0161ila. Provozn\u00ed zisk EBITDA meziro\u010dn\u011b vzrostl o\u00a0129\u00a0procent na 62\u00a0milion\u016f korun a\u00a0\u010dist\u00fd zisk \u010dinil 13\u00a0milion\u016f korun, co\u017e je v\u00a0meziro\u010dn\u00edm srovn\u00e1n\u00ed o\u00a057\u00a0procent v\u00edce. Pomohla lep\u0161\u00ed provozn\u00ed v\u00fdkonnost, kurzov\u00e9 vlivy i\u00a0to, \u017ee leto\u0161n\u00ed prvn\u00ed kvart\u00e1l u\u017e nebyl zat\u00ed\u017een \u010d\u00e1st\u00ed n\u00e1klad\u016f spojen\u00fdch s\u00a0lo\u0148sk\u00fdm vstupem na burzu.<\/p>\n
Slab\u0161\u00ed str\u00e1nkou v\u00fdsledk\u016f byl podle analytik\u016f Patria Finance krom\u011b poklesu tr\u017eeb tak\u00e9 v\u00fdvoj cash flow. \u201eVoln\u00fd pen\u011b\u017en\u00ed tok se meziro\u010dn\u011b propadl o\u00a0t\u00e9m\u011b\u0159 500\u00a0milion\u016f na minus 833\u00a0milion\u016f korun. Hlavn\u00edm d\u016fvodem byl pokles provozn\u00edho cash flow ovlivn\u011bn\u00fd zm\u011bnami v\u00a0pracovn\u00edm kapit\u00e1lu,\u201c uvedli ve sv\u00e9m koment\u00e1\u0159i.<\/p>\n
To podle nich nazna\u010duje, \u017ee Doosan nyn\u00ed v\u00e1\u017ee zna\u010dnou \u010d\u00e1st hotovosti ve form\u011b z\u00e1sob, nedokon\u010den\u00e9 v\u00fdroby a\u00a0pohled\u00e1vek. \u201ePro investory bude kl\u00ed\u010dov\u00e9 sledovat, zda se tento efekt v\u00a0pr\u016fb\u011bhu n\u00e1sleduj\u00edc\u00edch kvart\u00e1l\u016f obr\u00e1t\u00ed ve prosp\u011bch voln\u00e9ho cash flow,\u201c doplnili.<\/p>\n
D\u016fle\u017eit\u00fdm pozitivn\u00edm \u010d\u00edslem z\u00a0kvart\u00e1ln\u00edch v\u00fdsledk\u016f je naopak zak\u00e1zkov\u00e1 kniha. Doosan v\u00a0prvn\u00edm \u010dtvrtlet\u00ed z\u00edskal nov\u00e9 zak\u00e1zky za v\u00edce ne\u017e p\u011bt miliard korun. Objem nevy\u0159\u00edzen\u00fdch zak\u00e1zek meziro\u010dn\u011b vzrostl o\u00a083\u00a0procent na 16,91\u00a0miliardy korun. Pr\u00e1v\u011b nevy\u0159\u00edzen\u00e9 zak\u00e1zky ukazuj\u00ed, kolik pr\u00e1ce m\u00e1 firma nasmlouv\u00e1no do budoucna.<\/p>\n
Spole\u010dnost o\u010dek\u00e1v\u00e1, \u017ee zhruba p\u011btinu t\u00e9to zak\u00e1zkov\u00e9 knihy prom\u011bn\u00ed v\u00a0tr\u017eby b\u011bhem jednoho roku a\u00a0p\u0159ibli\u017en\u011b polovinu b\u011bhem t\u0159\u00ed let.<\/p>\n
V\u00fdznamn\u00fdm t\u00e9matem pro spole\u010dnost z\u016fst\u00e1v\u00e1 jadern\u00e1 energetika. Firma v\u00a0\u00fanoru podepsala kontrakt souvisej\u00edc\u00ed s\u00a0projektem Dukovany, kter\u00fd podle jej\u00edho vyj\u00e1d\u0159en\u00ed posiluje jej\u00ed pozici v\u00a0tomto segmentu. I\u00a0tato zak\u00e1zka zapad\u00e1 do charakteru byznysu Doosan \u0160koda Power, kde se v\u011bt\u0161\u00ed projekty do v\u00fdsledk\u016f obvykle prom\u00edtaj\u00ed postupn\u011b v\u00a0del\u0161\u00edm obdob\u00ed.<\/p>\n","protected":false},"excerpt":{"rendered":"Plze\u0148sk\u00e1 stroj\u00edrensk\u00e1 spole\u010dnost Doosan \u0160koda Power, kter\u00e1 loni obohatila parket pra\u017esk\u00e9 burzy, p\u0159ekvapila investory n\u00e1vrhem v\u00fdrazn\u011b vy\u0161\u0161\u00ed dividendy…\n","protected":false},"author":2,"featured_media":100164,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[12],"tags":[412,1414,67,68,11672,29850,1413],"class_list":["post-100163","post","type-post","status-publish","format-standard","has-post-thumbnail","category-byznys","tag-akcie","tag-burza-cennych-papiru-praha-bcpp","tag-business","tag-byznys","tag-dividendy","tag-doosan-skoda-power","tag-financni-trhy"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116653090922323715","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/100163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=100163"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/100163\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/100164"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=100163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=100163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=100163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}