Nov\u00e1 dce\u0159in\u00e1 spole\u010dnost \u010cEZ by m\u011bla vzniknout do konce prvn\u00edho \u010dtvrtlet\u00ed 2027, pokud bude tento pl\u00e1n schv\u00e1len\u00fd na \u010dervnov\u00e9 valn\u00e9 hromad\u011b. N\u00e1sledn\u011b by veden\u00ed podniku za\u010dalo hledat investory pro novou firmu, kter\u00e1 by letos m\u011bla zaji\u0161\u0165ovat zhruba polovinu provozn\u00edho zisku EBITDA cel\u00e9 skupiny.\u00a0Do nov\u00e9 dce\u0159in\u00e9 spole\u010dnosti chce veden\u00ed \u010cEZ ze sou\u010dasn\u00e9 struktury vy\u010dlenit nap\u0159\u00edklad firmy \u010cEZ Prodej, \u010cEZ Distribuce, GasNet, \u010cEZ ESCO, firmy z tradingu nebo telekomunika\u010dn\u00ed Telco Pro Services.<\/p>\n
„V p\u0159\u00edpad\u011b schv\u00e1len\u00ed na valn\u00e9 hromad\u011b (1. 6. 2026) za\u010dnou prob\u00edhat p\u0159\u00edpravn\u00e9 pr\u00e1ce a n\u00e1sledn\u011b by m\u011blo doj\u00edt ke vzniku dce\u0159in\u00e9 spole\u010dnosti a koncem leto\u0161n\u00edho nebo za\u010d\u00e1tkem p\u0159\u00ed\u0161t\u00edho roku k p\u0159evodu p\u0159\u00edslu\u0161n\u00fdch aktiv. Dal\u0161\u00edm krokem by mohl b\u00fdt prodej men\u0161inov\u00e9ho pod\u00edlu nov\u011b vznikl\u00e9 spole\u010dnosti, kter\u00fd by mohl prob\u011bhnout v p\u0159\u00ed\u0161t\u00edm roce. Z\u00e1visel by na situaci na trhu s ohledem na optim\u00e1ln\u00ed podm\u00ednky pro maximalizaci v\u00fdnos\u016f pro na\u0161e akcion\u00e1\u0159e. Dce\u0159in\u00e1 spole\u010dnosti se z\u00e1kaznick\u00fdm segmentem bude zpo\u010d\u00e1tku stoprocentn\u00ed dce\u0159inou spole\u010dnost\u00ed \u010cEZ a do budoucna si zde chce \u010cEZ v ka\u017ed\u00fd moment zachovat kontroln\u00ed majoritu, co\u017e by znamenalo minim\u00e1ln\u011b 51 procent,“ uvedl na p\u00e1te\u010dn\u00ed tiskov\u00e9 konferenci gener\u00e1ln\u00ed \u0159editel Daniel Bene\u0161.<\/p>\n
Optimalizace struktury \u010cEzu umo\u017en\u00ed podle Bene\u0161e maximalizaci hodnoty, lep\u0161\u00ed ocen\u011bn\u00ed jednotliv\u00fdch \u010d\u00e1st\u00ed skupiny a odd\u011blen\u00ed distribu\u010dn\u00edch a prodejn\u00edch spole\u010dnost\u00ed do samostatn\u00e9 dce\u0159in\u00e9 spole\u010dnosti. Tento krok tak\u00e9 otev\u0159e dve\u0159e k investici do \u010cEZ nov\u00e9 skupin\u011b investor\u016f, je\u017e by jinak do spole\u010dnosti kv\u016fli uheln\u00fdm a jadern\u00fdm elektr\u00e1rn\u00e1m neinvestovala. „Pro n\u011b bude z\u00e1kaznick\u00fd segment atraktivn\u00ed a m\u016f\u017ee se to projevit na v\u00fd\u0161i toho ocen\u011bn\u00ed,“ m\u00edn\u00ed Bene\u0161.<\/p>\n
\u0160\u00e9f energetick\u00e9 skupiny d\u00e1le uvedl, \u017ee to, „co se vy\u010dlen\u00ed do stoprocentn\u00ed dce\u0159in\u00e9 spole\u010dnosti, je \u0159\u00e1dov\u011b polovina na\u0161eho provozn\u00edho zisku neboli EBITDA“.<\/p>\n
Mo\u017enosti prodeje a\u017e 49procentn\u00edho pod\u00edlu v nov\u00e9m podniku za\u010dne veden\u00ed \u0159e\u0161it a\u017e po vzniku firmy. Preferovan\u00fd zp\u016fsob nesd\u011blilo. „M\u00e1me jedinou preferenci, a tou je maximalizace hodnoty pro na\u0161e akcion\u00e1\u0159e,“ konstatoval Bene\u0161 s t\u00edm, \u017ee ve h\u0159e jsou v\u0161echny mo\u017en\u00e9 varianty a nic zat\u00edm nen\u00ed rozhodnuto. „Vybereme tu nejv\u00fdhodn\u011bj\u0161\u00ed variantu pro \u010cEZ z principu toho, \u017ee hled\u00e1me co nejv\u011bt\u0161\u00ed ekonomickou hodnotu,“ odpov\u011bd\u011bl Bene\u0161 na ot\u00e1zku novin\u00e1\u0159\u016f.<\/p>\n
Ve h\u0159e je nap\u0159\u00edklad ve\u0159ejn\u00e1 nab\u00eddka akci\u00ed na burze, p\u0159\u00edm\u00fd prodej nebo i sm\u011bna akci\u00ed se st\u00e1vaj\u00edc\u00edmi minoritn\u00edmi akcion\u00e1\u0159i \u010cEZ. Na vybran\u00e9m zp\u016fsobu prodeje bude z\u00e1visl\u00fd i term\u00edn dokon\u010den\u00ed vstupu nov\u00fdch investor\u016f.<\/p>\n
K ot\u00e1zce na to, zda dce\u0159inou spole\u010dnost povede sou\u010dasn\u00fd \u0159editel divize obchod a strategie Pavel Cyrani, Bene\u0161 poznamenal, \u017ee se jedn\u00e1 o nejlep\u0161\u00edho kandid\u00e1ta. „U\u017e jen z toho pohledu, \u017ee z\u00e1kaznick\u00e1 dce\u0159in\u00e1 spole\u010dnost je de facto divize Pavla Cyraniho s jin\u00fdm I\u010c, tak kdo jin\u00fd by ji m\u011bl \u0159\u00eddit ne\u017e Pavel Cyrani,“ doplnil.<\/p>\n
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\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Nov\u00e1 dce\u0159in\u00e1 spole\u010dnost \u010cEZ by m\u011bla vzniknout do konce prvn\u00edho \u010dtvrtlet\u00ed 2027, pokud bude tento pl\u00e1n schv\u00e1len\u00fd na…\n","protected":false},"author":2,"featured_media":65611,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[22275,67,68,702,312,22271,7150,22272,22277,986,1137,22270,22276,22274,22273,22278],"class_list":{"0":"post-65748","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-byznys","8":"tag-22275","9":"tag-business","10":"tag-byznys","11":"tag-cez","12":"tag-dcera","13":"tag-distribuci","14":"tag-ebitda","15":"tag-gasnet","16":"tag-polovinu","17":"tag-pro","18":"tag-prodej","19":"tag-rozdeleni","20":"tag-soustredi","21":"tag-uvodu","22":"tag-vznikne","23":"tag-zisku"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116464091328206576","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/65748","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=65748"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/65748\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/65611"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=65748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=65748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=65748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}