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Fortum Oyj

FORTUM.HE

Latest Trade

21.36EUR

Change

0.44(+2.10%)

Volume

1,656,575

Today's Range

20.89

 - 

21.36

52 Week Range

17.97

 - 

21.73

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

Pricing

Previous Close
20.92
Open
21.00
Volume
1,656,575
3M AVG Volume
28.89
Today's High
21.36
Today's Low
20.89
52 Week High
21.73
52 Week Low
17.97
Shares Out (MIL)
888.29
Market Cap (MIL)
18,973.97
Forward P/E
15.23
Dividend (Yield %)
5.15

Next Event

Q3 2019 Fortum Oyj Earnings Release

Latest Developments

More

Fortum: Wind Energy Development Fund And Government Of Orenburg Region Sign Cooperation Deal

Uniper: We Will Analyse Fortum Gaining Control of Our Company

Fortum To Acquire Majority In Uniper

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About Fortum Oyj

Fortum Oyj is a Finland-based company engaged in the generation and sale of electricity and heat, and operation and maintenance of power plants, as well as energy-related services. The Company operates, along with its subsidiaries, in four business segments: Power, comprising the Company’s power generation, physical operation and trading, as well as expert services for power producers; Heat, consisting of combined heat and power generation (CHP), district heating and cooling activities and business-to-business heating solutions; Russia, including power and heat generation and sales in Russia, and Electricity Solutions, responsible for Fortum’s electricity sales. The Company operates in Finland, Sweden, Norway, the Russian Federation, Poland, Lithuania, Latvia, Estonia, India and the United Kingdom, among others.

Industry

Electric Utilities

Contact Info

Keilaniementie 2-4, CD building

+358.10.4511

http://www.fortum.com

Executive Leadership

Matti Lievonen

Independent Chairman of the Board

Pekka Ilmari Lundmark

President, Chief Executive Officer, Member of the Executive Management

Klaus-Dieter Maubach

Independent Deputy Chairman of the Board

Markus Heikki Erdem Rauramo

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

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

2016

3.6K

2017

4.5K

2018

5.2K

2019(E)

5.5K
EPS (EUR)

2016

0.570

2017

0.580

2018

1.120

2019(E)

1.402
Price To Earnings (TTM)
15.93
Price To Sales (TTM)
3.51
Price To Book (MRQ)
1.53
Price To Cash Flow (TTM)
10.77
Total Debt To Equity (MRQ)
54.29
LT Debt To Equity (MRQ)
49.97
Return on Investment (TTM)
6.06
Return on Equity (TTM)
5.39

Latest News

Latest News

Uniper remains independent for now despite Fortum push: CEO

Uniper's <UN01.DE> CEO will fight to get clarity from top shareholder Fortum <FORTUM.HE> on a range of issues ahead of a planned stake hike, he said in an internal memo, underlining that the German utility will remain independent for now.

Uniper remains independent for now despite Fortum push - CEO

Uniper's CEO will fight to get clarity from top shareholder Fortum on a range of issues ahead of a planned stake hike, he said in an internal memo, underlining that the German utility will remain independent for now.

Uniper says needs more answers from suitor Fortum

Uniper <UN01.DE> said on Thursday its suitor, Finnish utility Fortum <FORTUM.HE>, had yet to address a range of questions from the German energy firm's management to convince it to support a takeover deal.

Uniper says needs more answers from suitor Fortum

Germany's Uniper on Thursday said its suitor, Finnish utility Fortum, has yet to address a range of questions about its intentions in ongoing takeover talks to get management support for any deal.

Finland's Fortum to gain control of Uniper in $2.5 billion deal

Finnish utility Fortum is set to gain control of Germany's Uniper by acquiring the stakes of activist funds Elliott [ECAL.UL] and Knight Vinke, potentially ending a long-running deadlock over ownership of the group.

Fortum CEO demands Uniper chairman seat after activist deal

Finland's Fortum has claimed the supervisory board chair at Uniper should a deal to buy stakes from two activist funds be approved by regulators, its chief executive said.

Uniper workers urge Fortum to spell out future plans to allay downgrade fears

Labor representatives at Uniper <UN01.DE>, fearing a ratings downgrade in the event of a full takeover of the German energy group, have called on major shareholder Fortum <FORTUM.HE> to lay out plans for future cooperation between the two companies.

Uniper, Fortum in constructive but complex talks over future

German energy firm Uniper <UN01.DE> is holding constructive but complex talks with top shareholder Fortum <FORTUM.HE> over their future cooperation, its new chief executive said, signaling slow progress in attempts to end a long-standing deadlock.

Fortum profit tops forecasts, Uniper talks continue

Finnish utility Fortum <FORTUM.HE> beat second-quarter profit expectations on Friday, boosted by higher power prices and a rise in electricity generation volumes, and said it was continuing talks with bid target Uniper's <UN01.DE> management.

Fortum's Q2 profit beats forecasts

Fortum beat second-quarter profit expectations on Friday boosted by higher power prices and increasing volumes in electricity generation from the Finnish utility's hydro and nuclear power assets.

Fortum wants to resume talks with Uniper, not targeting break-up

Fortum <FORTUM.HE>, the state-controlled Finnish utility, wants to restart talks with the management of Germany's Uniper <UN01.DE>, in which it owns 49.9 percent after a hostile takeover, it said on Monday.

Uniper, Fortum should explore tie-up to end deadlock: investors

Some small shareholders in Uniper see room for a tie-up with top shareholder Fortum, joining activist calls to end a standoff after the Finnish group's acrimonious failed takeover attempt.

Fortum CEO discussed Uniper investment restriction with Russia's Putin

Fortum's chief executive officer has met with Russian President Vladimir Putin to discuss a key ownership restriction that is preventing the Finnish firm from taking control of German utility Uniper, it said on Tuesday.

Fortum CEO discussed Uniper investment restriction with Russia's Putin

Fortum's chief executive officer has met with Russian President Vladimir Putin to discuss a key ownership restriction that is preventing the Finnish firm from taking control of German utility Uniper , it said on Tuesday.

Uniper chairman calls for signal from Fortum to resolve dispute

Uniper's chairman on Sunday said talks with major shareholder Fortum to resolve a dispute between the two companies were on hold after two of the German utility's board members resigned.

Uniper signals little progress with Fortum on M&A deadlock

Uniper signaled on Wednesday little prospect of a rapid breakthrough in talks with top investor Fortum that might lead to a full takeover of the German utility.

Uniper will not risk investment grade rating in Fortum talks

German energy firm Uniper will not risk its investment grade in fresh talks over cooperation with top shareholder Fortum , Chief Financial Officer Christopher Delbrueck said on Wednesday.

Fortum makes progress in talks to resolve Uniper standoff

Fortum on Tuesday made progress in talks over cooperation with energy group Uniper, of which it owns 49.99%, shortly after activist funds stepped back from increasing pressure on the Finnish utility to seek full control.

Fortum will comment on activist proposals at Uniper when ready

Finland's Fortum, Uniper's top shareholder, will state its position on activist proposals - some of which could trigger a breakup of the German firm - once it has formed a view, a spokeswoman for the group said.

UPDATE 2-Uniper rejects activist investor call to spin off Russian arm

* Uniper keeps FY targets, shares down 0.5 percent (Adds Uniper statement on Knight Vinke proposal)

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

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