Fortum Oyj/€FORTUM

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About Fortum Oyj

Fortum Oyj is an energy company headquartered in Espoo, Finland. It primarily focuses on the generation, distribution, and sale of electricity and heat, with a significant presence in the Nordic and Baltic countries, Poland, and Russia. The company operates through segments such as Generation, City Solutions, Consumer Solutions, and Russia, providing a diverse range of energy products and services including hydroelectric, nuclear, and renewable energy solutions. Founded in 1998 through the merger of two major Finnish energy companies, Fortum has leveraged its expertise in clean energy and energy efficiency. The company is strategically positioned to benefit from the global shift towards sustainable energy practices.

Ticker

€FORTUM
Sector

Primary listing

XHEL

Employees

4,620

Headquarters

Espoo, Finland

Fortum Oyj Metrics

BasicAdvanced
€14B
14.55
€1.05
0.45
€1.97
5.88%

Bulls say / Bears say

Fortum’s Q1 2025 comparable operating profit of €462 million significantly exceeded the €364 million analyst forecast, driven by effective optimisation and its diverse low-carbon generation portfolio across nuclear and hydropower assets. (Reuters)
The board’s proposal of a €1.40 per share dividend for 2024 underscores Fortum’s strong cash generation and commitment to returning capital to shareholders amid volatile commodity markets. (Reuters)
Fortum initiated ICC arbitration against Vestas to recover over €200 million in advance payments for Russian wind projects terminated by sanctions, potentially recouping stranded capital and strengthening its balance sheet. (Reuters)
Fortum’s Q2 2025 comparable operating profit of €115 million missed the €133 million consensus as abundant hydro reservoir levels and increased wind generation weighed on Nordic power prices, underscoring near-term margin pressure. (Reuters)
Following a two-year feasibility study, Fortum concluded that building new nuclear capacity is currently commercially unviable in the Nordic market, deferring any potential expansion until at least the mid-2030s and limiting its growth in baseload generation. (Reuters)
A Russian court’s postponement of the $2.9 billion Rosatom claim hearing in the Hanhikivi-1 nuclear dispute until March 2026 prolongs legal uncertainty and exposes Fortum to potential multi-billion-euro liabilities. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 29 Aug 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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