Fortum Oyj (HEL: FORTUM)
Finland
· Delayed Price · Currency is EUR | Market Cap | 11.78B |
| Revenue (ttm) | 6.22B |
| Net Income (ttm) | 1.23B |
| Shares Out | 897.26M |
| EPS (ttm) | 1.37 |
| PE Ratio | 9.61 |
| Forward PE | 13.14 |
| Dividend | 1.15 (8.76%) |
| Ex-Dividend Date | Oct 1, 2024 |
| Volume | 2,343,157 |
| Open | 13.09 |
| Previous Close | 13.15 |
| Day's Range | 12.87 - 13.13 |
| 52-Week Range | 10.83 - 15.01 |
| Beta | 0.76 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Feb 11, 2025 |
About Fortum Oyj
Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Sweden, Germany, the United Kingdom, the Netherlands, and internationally. The company’s Generation segment generates power through nuclear, hydro, wind, and solar power; and provides district heating and cooling, and decarbonization services. The company’s Consumer Solutions segment engages in electricity and gas retail businesses, including the provision of invoicing and customer services; and electricity and related... [Read more]
Financial Performance
In 2023, Fortum Oyj's revenue was 6.71 billion, a decrease of -13.67% compared to the previous year's 7.77 billion. Losses were -2.07 billion, -14.36% less than in 2022.
Financial StatementsNews
Fortum to buy renewable power portfolio for $9.4 mln
Finland's Fortum said on Thursday it had agreed to buy a project development portfolio for renewable power from Finnish energy company Enersense for around 9 million euros ($9.37 million).
Fortum Oyj (FOJCF) Q3 2024 Earnings Call Transcript
Fortum Oyj (OTCPK:FOJCF) Q3 2024 Results Conference Call October 29, 2024 5:00 AM ET Company Participants Ingela Ulfves - Head, IR Markus Rauramo - CEO Tiina Tuomela - CFO Conference Call Participants...
Fortum, Vestas settle dispute over Russian wind energy projects
Finland's Fortum said on Thursday it had settled a dispute with Denmark's Vestas over advance payments it made for equipment for Russian wind park projects that were terminated due to sanctions.
Finlands Top Power Utility Targeted With Daily Cyber Attacks
Fortum, the biggest power utility in Finland, is being subjected to daily attempts of cyber attacks and cyber breaches, while suspicious individuals and drone activity have been spotted near its energ...
Exclusive: Finnish utility Fortum's power assets targeted with surveillance, cyber attacks
Finland's largest power utility Fortum has experienced satellite disturbances, spotted drones and suspicious individuals around its energy assets and been targeted with daily denial-of-service attacks...
Fortum: Looking At The Upside, Maintain Hold
Fortum (FOJCF) is an attractive utility with a good asset base that relatively recently reported 2Q24. See why I maintain my hold rating on the stock.
Fortum to sell its stakes in biobased solutions businesses in India
Fortum said on Monday it had agreed to sell its 37.4% stake in Finnish biorefining technology firm Chempolis, including Fortum's biobased solutions businesses, and its stake in the firm that owns 40.3...
Finland's Fortum Replaces Russian Nuclear Fuel With U.S. Fuel
Finnish power utility Fortum has announced that it has successfully started using nuclear fuel from U.S.-based Westinghouse Electric as it seeks to replace Russian supply. For years, Fortum's Loviisa ...
Finland's Fortum starts using U.S. nuclear fuel in bid to reduce Russian dependence
Finnish utility Fortum said on Monday it has successfully started using nuclear fuel from U.S.-based Westinghouse Electric as it seeks to replace Russian nuclear fuel at its Loviisa power plant in Fin...
Fortum Oyj (FOJCF) Q2 2024 Earnings Call Transcript
Fortum Oyj (OTCPK:FOJCF) Q2 2024 Earnings Conference Call August 15, 2024 4:00 AM ETCompany ParticipantsIngela Ulfves - Head, IRMarkus Rauramo - CEOTiina...
Fortum Oyj (FOJCF) Q2 2024 Earnings Call Transcript
Fortum Oyj (OTCPK:FOJCF) Q2 2024 Earnings Conference Call August 15, 2024 4:00 AM ETCompany ParticipantsIngela Ulfves - Head, IRMarkus Rauramo - CEOTiina...
Finland's Fortum says new nuclear not feasible at current prices
Fortum doesn't believe investing in new nuclear generation capacity is feasible at current low Nordic power prices, its chief executive said on Thursday, after the Finnish utility surprised markets wi...
Aurigene acquires 27% stake in RE co
Aurigene Oncology Ltd, a CRDMO arm of Dr Reddy’s Laboratories, has acquired a 27% stake in Delhi-based clean energy company Clean Renewable Energy KK 2A Pvt Ltd (CREL). The investment aims to support ...
Fortum Oyj (FOJCF) Q1 2024 Earnings Call Transcript
Fortum Oyj (OTCPK:FOJCF) Q1 2024 Earnings Conference Call April 29, 2024 4:00 AM ET Company Participants Ingela Ulfves - Head, Investor Relations Markus Rauramo - Chief Executive Officer Tiina Tuomela...
Fortum Oyj (FOJCF) Q4 2023 Earnings Call Transcript
Fortum Oyj (FOJCF) Q4 2023 Earnings Call Transcript
Fortum considers Nordic sites for new nuclear power
Finnish utility Fortum is looking at several possible sites in Finland and Sweden to build new nuclear power production, in the form of small or large-scale reactors, it said on Monday.
Fortum Oyj (FOJCF) Q3 2023 Earnings Call Transcript
Fortum Oyj (OTCPK:FOJCF) Q3 2023 Earnings Conference Call November 2, 2023 5:00 AM ET Company Participants Ingela Ulfves - Head of Investor Relations Markus Rauramo - Chief Executive Officer Tiina Tuo...
Fortum: Clean Nordic Utility With Hefty Dividends
Fortum is a major power utility in the Nordics with a strong asset base and a leading retail business. The worst is over for Fortum after the agreement with the German government over Uniper and the f...
Fortum fights to sell seized Russian assets and get compensation
Finnish utility Fortum still hopes to sell its Russian assets and get compensation for their seizure by the Kremlin via arbitration, its chief executive told Reuters.
Fortum Oyj (FOJCF) Q2 2023 Earnings Call Transcript
Fortum Oyj (OTCPK:FOJCF) Q2 2023 Earnings Conference Call August 4, 2023 4:00 AM ET Company Participants Ingela Ulfves - Head of Investor Relations Markus Rauramo - Chief Executive Officer Tiina Tuome...
Fortum's Q2 core profit lags forecast
Finnish utility Fortum posted on Friday weaker than expected second-quarter core profits and said it would initiate a strategic review of its recycling and waste businesses.
Fortum Oyj: Russia Seizes Assets And Stock Becomes Cheap (Rating Upgrade)
The Russian government seized all of Fortum's assets located in Russia. As a result, the stock now trades at just 6.5x core earnings, despite one of the best balance sheets within utilities and signif...
Fortum Oyj (FOJCF) Q1 2023 Earnings Call Transcript
Fortum Oyj (OTCPK:FOJCF) Q1 2023 Earnings Conference Call May 11, 2023 4:00 AM ET Company Participants Ingela Ulfves – Head-Investor Relations Markus Rauramo – Chief Executive Officer Tiina Tuomela – ...
Fortum Oyj (FOJCF) Q4 2022 Earnings Call Transcript
Fortum Oyj (OTCPK:FOJCF) Q4 2022 Earnings Conference Call March 2, 2023 4:00 AM ET Company Participants Ingela Ulfves - Head of Investor Relations Markus Rauramo - Chief Executive Officer Bernhard Gun...
Fortum Oyj: Road Bumps On The Re-Rating Path
Fortum will take a P&L hit in FY23 from a proposed windfall tax from the Finnish government. While sizeable, the impact will only last for one year, so the valuation shouldn't suffer too greatly.