At the same time, Nuclearelectrica expects total expenses to go down by 38.9%, to RON3.15 billion, while gross profit is forecast to drop by 46.9% to RON1.5 billion.
The company ended the first nine months of 2023 with net profit worth almost RON2 billion, up 1.9% from the year-earlier period, while revenues climbed by 15% to RON5.7 billion.
Investment expenses are however projected to rise by 131% from 2023, to RON1.66 billion in 2024. In 2025, investments are estimated at RON2.7 billion and in 2026 at RON3.1 billion.
Nuclearelectrica has a RON15.2 billion capitalization and is 82.5% controlled by the Romanian state. Its shares have added 13.3% in the past 12 months amid deals worth RON466.7 million.
(English version by Catalina Apostoiu)