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Fortum Oyj

FORTUM.HE

Latest Trade

21.75EUR

Change

0.19(+0.88%)

Volume

1,015,671

Today's Range

21.47

 - 

21.75

52 Week Range

17.97

 - 

21.82

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

Pricing

Previous Close
21.56
Open
21.50
Volume
1,015,671
3M AVG Volume
28.83
Today's High
21.75
Today's Low
21.47
52 Week High
21.82
52 Week Low
17.97
Shares Out (MIL)
888.29
Market Cap (MIL)
19,151.63
Forward P/E
15.36
Dividend (Yield %)
5.10

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)

1.404
Price To Earnings (TTM)
16.08
Price To Sales (TTM)
3.54
Price To Book (MRQ)
1.55
Price To Cash Flow (TTM)
10.87
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

Russian commission could consider Fortum-Uniper by year-end: Interfax

The Russian government commission that reviews deals involving foreign investors could consider before the end of the year Finnish utility Fortum's <FORTUM.HE> to raise its stake in Germany's Uniper <UN01.DE>, Interfax reported.

Russia considers changing law to allow Fortum/Uniper deal: IFX

Russia's anti-monopoly service is considering changing regulations to allow Finnish utility Fortum <FORTUM.HE> to raise its stake in Germany's Uniper <UN01.DE>, Interfax news agency reported on Tuesday, citing the service.

Russia considers changing law which would allow Fortum/Uniper deal - Interfax

Russia's anti-monopoly service is considering changing regulations which would allow it to approve Finnish utility Fortum raising its stake in Germany's Uniper, Interfax news agency reported on Tuesday, citing the service.

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.

Uniper works council criticizes Fortum's attempt to gain control

An employee representative of utility Uniper <UN01.DE> on Wednesday criticized Fortum's <FORTUM.HE> effort to gain control of the German company.

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.

Fortum 'confident' it can win Russian approval in Uniper deal

Finland's Fortum <FORTUM.HE> said it is confident that Russian authorities will give the approval needed for it to gain control of Uniper <UN01.DE>, after announcing it would increase its stake in the German company to more than 70.5%.

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.

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

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