{"id":3939,"date":"2025-02-28T12:59:51","date_gmt":"2025-02-28T12:59:51","guid":{"rendered":"https:\/\/ofero.news\/?p=3939"},"modified":"2025-02-28T12:59:51","modified_gmt":"2025-02-28T12:59:51","slug":"romanian-power-producer-nuclearelectrica-posts-31-profit-drop-in-2024-on-lower-prices","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=3939","title":{"rendered":"Romanian power producer Nuclearelectrica posts 31% profit drop in 2024 on lower prices"},"content":{"rendered":"<p>Nuclearelectrica (BVB: <a href=\"https:\/\/www.bvb.ro\/FinancialInstruments\/Details\/FinancialInstrumentsDetails.aspx?s=snn\">SNN<\/a>), the company that operates Romania\u2019s only nuclear power plant \u2013 Cernavoda, <a href=\"https:\/\/www.bvb.ro\/infocont\/infocont25\/SNN_20250227144528_CR-Preliminary-EN-merged.pdf\">reported a net profit <\/a>of RON 1.7 bln (EUR 343 mln) in 2024, down 31% compared with the previous year.<\/p>\n<p>The company recorded 37.6% lower revenues from electricity sales due to lower average prices, while its production was 2.7% lower than in 2023, at 10 GWh. At the same time, the company saw 14.4% higher operating expenses. However, Nuclearelectrica paid significantly lower contribution to the Energy Transition Fund, which compensated part of the lower revenues and higher expenses.<\/p>\n<p>Overall, the company\u2019s EBITDA went down by 23.4% to RON 2.38 bln.<\/p>\n<p>Nuclearelectrica\u2019s shares went down 1.2% on Friday, February 28, after the company released its preliminary results. In the last 12 months, the SNN shares have lost almost 15% of their value, compared with an 11% growth for the BET index.<\/p>\n<p><em>editor@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: Dreamstime.com)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Nuclearelectrica (BVB: SNN), the company that operates Romania\u2019s only nuclear power plant \u2013 Cernavoda, reported a net profit of RON 1.7 bln (EUR 343 mln) in 2024, down 31% compared with the previous year. The company recorded 37.6% lower revenues from electricity sales due to lower average prices, while its production was 2.7% lower than [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3939","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/3939","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3939"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/3939\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}