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Fortum Oyj (FORTUM.HE)

FORTUM.HE on Helsinki Stock Exchange

19.03EUR
10:59am EDT
Change (% chg)

€-0.20 (-1.04%)
Prev Close
€19.23
Open
€19.23
Day's High
€19.37
Day's Low
€18.98
Volume
754,638
Avg. Vol
1,748,690
52-wk High
€22.91
52-wk Low
€17.97

About

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... (more)

Overall

Beta: 0.86
Market Cap(Mil.): €15,271.03
Shares Outstanding(Mil.): 888.37
Dividend: 1.10
Yield (%): 6.40

Financials

  FORTUM.HE Industry Sector
P/E (TTM): 40.40 14.06 14.75
EPS (TTM): 0.43 -- --
ROI: 2.03 11.77 7.63
ROE: 2.92 17.21 11.82

Fortum will comment on activist proposals at Uniper when ready

HELSINKI, May 20 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.

8:10am EDT

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)

May 07 2019

Uniper hires new CEO and CFO in sign of progress in Fortum row

FRANKFURT German utility Uniper SE named a new chief executive and chief financial officer with the unanimous backing of its supervisory board on Thursday in a sign of movement in a stand-off with Finland's Fortum.

May 02 2019

UPDATE 1-Uniper hires new CEO and CFO in sign of progress in Fortum row

FRANKFURT, May 2 German utility Uniper SE named a new chief executive and chief financial officer with the unanimous backing of its supervisory board on Thursday in a sign of movement in a stand-off with Finland's Fortum.

May 02 2019

Finland's Fortum frees up cash by replacing Nasdaq collateral with bond

OSLO, April 26 Finland's Fortum has freed up 310 million euros ($345 million) of cash previously used as collateral at Nasdaq's Nordic power exchange by replacing it with a bank bond, it said on Friday.

Apr 26 2019

Fortum's Q1 profit lags forecast on low hydropower output

OSLO, April 26 Finnish utility Fortum reported weaker than expected profits for the first quarter on Friday as higher power prices were offset by low volumes in electricity generation from the firm's hydropower assets.

Apr 26 2019

SAP welcomes Elliott's $1.3 billion investment; shares hit high

FRANKFURT U.S. activist investor Elliott revealed a 1.2 billion euro ($1.3 billion) stake in SAP on Wednesday and said it supported a new management efficiency drive, sending shares in the German business software company to a record high.

Apr 24 2019

UPDATE 5-SAP welcomes Elliott's $1.3 bln investment; shares hit high

* SAP strives to expand operating margins by 5 pp through 2023

Apr 24 2019

Activist Knight Vinke calls for Uniper split to end Fortum deadlock

FRANKFURT, April 22 Uniper should explore a deeper break-up to overcome antitrust hurdles that have prevented Finland's Fortum from taking full control of the German utility, activist investor Knight Vinke said on Monday.

Apr 22 2019

Vattenfall, Fortum to provide back up capacity for Sweden's power grid

OSLO, April 17 Nordic utilities Vattenfall and Fortum will provide a total of 110 megawatts (MW) of back up production capacity to offset power system disruptions, Sweden's power grid operator Svenska Kraftnat said on Wednesday.

Apr 17 2019

Earnings vs. Estimates