S.N. Nuclearelectrica S.A. (SNN) Earnings Call Transcripts
S.N. Nuclearelectrica S.A.'s Latest Earnings Call - Q1 FY2026
In the first quarter of 2026, S.N. Nuclearelectrica S.A. reported a net profit of RON 887 million, a significant increase of 72.8% year-over-year and 5.9% above budget expectations. Revenue growth was driven by a 13.4% increase in average selling prices of electricity, despite a slight decline in sales volume. Management indicated that they expect continued positive results, although they noted potential impacts from unplanned stoppages at Unit 2, which could affect future performance.
Reported metrics
| Metric | Value |
|---|---|
| Net Profit | RON 887 million (beat) |
| Revenue | RON 1.1 billion (null) |
| Operating Expenses | RON 296 million (negative) |
| CapEx | RON 538 million (null) |
| Average Selling Price (Electricity) | RON 582 per megawatt (positive) |
| Quantity Sold (Electricity) | decreased by 3.3% (negative) |
Guidance from management
Management maintained a positive outlook for the remainder of 2026, although they noted potential impacts from unplanned stoppages at Unit 2, which are yet to be fully assessed.
What management said
We don't see any material risk coming from new Scale. So the answer is not. And on the second color -- on the second point on the color of the expectations, yes, we'll have an impact from the unplanned stoppage from Unit 2. This is yet to be determined, and we'll know more at the end of the unplanned stop. But still, we are expecting positive results and so on.
What analysts pressed on
Analysts expressed concerns regarding the potential impact of unplanned outages at Unit 2 on future earnings. There were also questions about the implications of the EU Commission's investigation into the refurbishment project funding.
Main topics on the call
- Net Profit Surge — SNN's net profit reached RON 887 million, marking a 72.8% increase from Q1 2025. Management stated, "the increases mainly came from sales of electricity, RON 137 million based on the higher average selling prices with 13...
- Electricity Sales Performance — Electricity sales saw an increase in average selling prices by 13.2%, although the quantity sold decreased by 3.3%. Management highlighted that the sales mix improved, contributing to higher revenue despite lower volumes...
- Windfall Tax Impact — The absence of windfall tax expenses in 2026, which was RON 341 million in Q1 2025, significantly boosted net profit. Management noted, "the main impact for the increased net result is coming, first of all, from the wind...
- Operational Expenses Increase — Operating expenses rose by 3%, primarily due to a regulatory increase in waste disposal tax. Management mentioned, "we have also an increase of 3% on OpEx... from the waste disposal tax, which in October last year, we in...
Read the full S.N. Nuclearelectrica S.A. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About S.N. Nuclearelectrica S.A.
S.N. Nuclearelectrica S.A. (SNN) is a publicly listed company in the Electric Utilities industry, within the Utilities sector. It trades on BVB and is based in RO. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 25 calls on record spanning August 13, 2021 to May 22, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 25 S.N. Nuclearelectrica S.A. earnings call transcripts on record, spanning August 13, 2021 to May 22, 2026. Based on this history, S.N. Nuclearelectrica S.A. reports quarterly. The most recent call on file is dated May 22, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- SNN
- Exchange
- BVB
- Country
- RO
- Sector
- Utilities
- Industry
- Electric Utilities
- Calls on record
- 25
- First call
- August 13, 2021
- Most recent
- May 22, 2026
- Reporting cadence
- quarterly