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Fortum Oyj

FORTUM.HE

Latest Trade

25.53EUR

Change

0.12(+0.47%)

Volume

1,166,683

Today's Range

25.30

 - 

25.73

52 Week Range

18.14

 - 

27.78

As of on the Helsinki Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
25.41
Open
25.52
Volume
1,166,683
3M AVG Volume
26.57
Today's High
25.73
Today's Low
25.30
52 Week High
27.78
52 Week Low
18.14
Shares Out (MIL)
888.29
Market Cap (MIL)
22,571.56
Forward P/E
13.68
Dividend (Yield %)
4.41

Next Event

Q4 2021 Fortum Oyj Earnings Release

Latest Developments

More

Fortum Q3 Comparable EBITDA At EUR 574 Million, Above Estimates

Fortum-Rusnano Wind Investment Fund Wins In Russian Wind Auction

Fortum To Unveil Exact Shareholding In Uniper At End-2021 -CEO

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About Fortum Oyj

Fortum Oyj is a Finland-based energy company. The Company provides its customers with electricity, gas, heating and cooling services. Its reportable segments are Generation, Russia, City Solutions, Consumer Solutions and Uniper. The Generation segment comprises nuclear, hydro, wind, and thermal power generation, as well as power portfolio optimisation, trading, industrial intelligence, and global nuclear services. The Russia segment comprises power and heat generation and sales in Russia. The City Solutions is responsible for sustainable solutions for urban areas and comprises heating, cooling. The Consumer Solutions is responsible for the electricity and gas retail businesses in the Nordics, Poland and Spain, including the customer service and invoicing businesses and The Uniper segment, where Uniper is an international energy company and its business is the secure provision of energy and related services in Europe and Russia. The Company operates worldwide.

Industry

Electric Utilities

Contact Info

Keilaniementie 2-4, CD building

02150

Finland

+358.10.4511

http://www.fortum.com/

Executive Leadership

Matti Lievonen

Independent Chairman of the Board

Markus Heikki Erdem Rauramo

President, Chief Executive Officer, Member of the Executive Management

Veli-Matti Reinikkala

Independent Deputy Chairman of the Board

Bernhard Gunther

Chief Financial Officer, Member of the Executive Management

Alexander Chuvaev

Executive Vice President, Russia Division; General Director of PAO Fortum, Member of the Executive Management

Key Stats

3.00 mean rating - 21 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2018

5.2K

2019

5.4K

2020

49.0K

2021(E)

65.1K
EPS (EUR)

2018

1.120

2019

1.760

2020

1.760

2021(E)

1.858
Price To Earnings (TTM)
82.68
Price To Sales (TTM)
0.27
Price To Book (MRQ)
1.92
Price To Cash Flow (TTM)
41.88
Total Debt To Equity (MRQ)
130.84
LT Debt To Equity (MRQ)
50.30
Return on Investment (TTM)
-1.48
Return on Equity (TTM)
-0.66

Latest News

Latest News

Finland's Fortum powers ahead with sale of consumer unit - sources

Finnish utility Fortum is powering ahead with a plan to sell its electricity and gas retail businesses in a deal that could fetch around 1.5 billion euros ($1.8 billion), three people familiar with the matter said.

Fortum tightens grip on Uniper in leadership shakeout

Finland's Fortum has tightened its grip on German utility Uniper after a boardroom shake-up that sees changes to the chairman, CEO and chief financial officer.

UPDATE 3-Fortum profit up on Uniper, power unit lags

Fortum on Friday reported a jump in fourth-quarter profit helped by German subsidiary Uniper but its core power generation business missed forecasts, knocking shares in Finland's biggest utility.

Shareholder in Russia's Inter RAO pushes for acquisition of Uniper, Fortum assets

Russia's Inter RAO could boost its profits by buying Russian fossil fuel assets from Germany's Uniper and Finland's Fortum, a shareholder in the Moscow-listed company said on Friday.

Top Uniper shareholder Fortum hires former CFO of RWE, Innogy

Finland's top utility Fortum , which owns 75% of German peer Uniper, has appointed industry executive Bernhard Guenther as its new finance chief, it said on Friday.

UPDATE 3-Finland's Fortum targets renewable push with Germany's Uniper

* Fortum shares down 3.9%, Uniper down 1.9% (Updates shares, adds analyst, Uniper CEO, labour leader)

CORRECTED-Fortum Q3 operating profit drops on weak Uniper results

Finland's biggest utility, Fortum, reported a drop of 215% in underlying third-quarter operating profit on Tuesday, burdened by a seasonally weak quarter at its German subsidiary Uniper .

UPDATE 1-Fortum puts Polish, Baltic district heating assets on the block - sources

Finnish state-controlled utility Fortum has put its district heating assets in Poland and the Baltic states up for sale as it seeks to streamline its business, people close to the matter said.

Fortum puts Polish, Baltic district heating assets on the block - sources

Finnish state-controlled utility Fortum has put its district heating assets in Poland and the Baltic states up for sale as it seeks to streamline its business, people close to the matter said.

UPDATE 2-Fortum Q2 operating profit drops 11%, Russia weighs

* New CEO's top priority joint strategy with Uniper (Adds details, shares)

Fortum Q2 operating profit drops 11%

Finland's biggest utility Fortum reported an 11% fall in its underlying second-quarter operating profit on Wednesday, dented by low power prices.

Fortum raises stake in Uniper to more than 75%

Fortum has raised its stake in German peer Uniper to 75.01%, Uniper said on Tuesday, enough to implement a domination agreement which would give the Finnish energy firm access to all finances and cash flow.

Fortum sells district heating business in south Finland

Finnish utility Fortum said on Friday it had signed an agreement to sell its district heating business in the Jarvenpaa-Tuusula area in southern Finland to a local consortium of companies for 375 million euros ($421 million).

Fortum's new CEO sees natural gas, hydrogen helping green transition

The new chief executive of Fortum <FORTUM.HE> said on Wednesday natural gas and hydrogen could help Europe shift to clean energy and promised to present a strategy for the Finnish utility and its newly acquired German rival Uniper by the end of 2020.

Finnish utility Fortum names new CEO to integrate Uniper

Fortum named Chief Financial Officer Markus Rauramo as its new chief executive on Tuesday as Finland's top utility seeks to integrate Uniper after securing a majority stake in its former German rival following a two-year struggle.

BRIEF-Fortum: Belgian Court Of Appeal Rules In Favour Of Fortum On Income Tax Case

* BELGIAN COURT OF APPEAL RULES IN FAVOUR OF FORTUM ON INCOME TAX CASE FOR THE YEAR 2008

Finland's Fortum sticks to dividend goal as profit beats forecast

Fortum <FORTUM.HE> reported a 4% fall in headline first-quarter profit on Friday, beating forecasts with help from gains from hedging as it stuck to its long-term dividend targets.

UPDATE 2-Finland's Fortum sticks to dividend goal as profit beats forecast

Fortum reported a 4% fall in headline first-quarter profit on Friday, beating forecasts with help from gains from hedging as it stuck to its long-term dividend targets.

BRIEF-Uniper CEO says workers still in discussion with Fortum over guarantees, no agreement yet

* SAYS OBSERVING THAT GERMAN POWER DEMAND STABILISING AT LOWER LEVELS, BRITAIN, NORDIC DEMAND STILL DECREASING WITH TIME LAG IN CORONAVIRUS CRISIS

Uniper installs new directors at Fortum's request

Uniper <UN01.DE> announced on Friday the appointment of new directors following the resignation of a raft of supervisory board members earlier this month, after Finland's Fortum <FORTUM.HE> secured a 69.6% stake in the German energy group.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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