Mohammed Sidibe

Mohammed Sidibe sought further clarity on the Westinghouse guidance, specifically regarding the core business segment's growth, asking if the previously guided 6%-8% revenue growth remains a reasonable expectation for the next couple of years. He also inquired about the year-over-year increase in fuel services' unit cost of sales and any plans to bring costs back within the 2025 range.

Answer

Grant Isaac, President and Chief Operating Officer, affirmed that the core business of Westinghouse, encompassing fuel fabrication and reactor services, continues to be exciting with significant upside from reactor restarts, life extensions, uprates, and future AP1000 new builds. He reiterated enthusiasm for Westinghouse's position as a leading OEM. Heidi Shockey, Senior Vice President and Chief Financial Officer, attributed the increase in fuel services' unit cost of sales to general inflationary pressures and noted that future costs would depend on production levels and the mix of various products within that segment.