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

Industry

Electric Utilities

Headquarters

Espoo, Finland

Employees

4,451

ISIN

FI0009007132

Fortum Oyj Metrics

BasicAdvanced
€14B
13.15
€1.18
0.46
€1.97
5.82%

Bulls say / Bears say

Fortum reported a stronger-than-expected Q1 2025 profit, with a comparable operating profit of €462 million, surpassing analyst forecasts of €364 million, indicating effective operational strategies. (reuters.com)
The company has successfully started using nuclear fuel from U.S.-based Westinghouse Electric, reducing dependence on Russian suppliers and enhancing energy security. (reuters.com)
Fortum's focus on renewable energy and nuclear lifetime extensions positions it well to meet growing electricity demand in Europe. (reuters.com)
Citi maintains a neutral rating on Fortum, citing expectations of declining results over the next three years due to current forward power prices. (investing.com)
Fortum's Q4 2024 comparable operating profit fell to €257 million, missing analysts' expectations of €280 million, due to lower hydro and nuclear volumes and weaker prices. (reuters.com)
The company faces challenges in investing in new nuclear generation capacity, as current low Nordic power prices make such investments unfeasible. (reuters.com)
Data summarised monthly by Lightyear AI. Last updated on 29 Jun 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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