Fortum Oyj

FORTUM

FI0009007132

Electric Utilities

Market Closed - Nasdaq Helsinki Other stock markets 11:29:56 2024-05-17 am EDT			5-day change	1st Jan Change
14.64 ^EUR	+0.52%		+9.18%	+12.06%

May. 14	Fortum, Helen Commission 380-MW Wind Farm in Finland	MT
May. 07	Germany's Uniper Appeals Russian Ruling That Could Cost it Billions	DJ

Gentari Renewables India Pte. Ltd. signed an agreement to acquire 185-MW Indian solar portfolio from Evli Fund Management Company Ltd., Uk Climate Investments Lakeside Limited and Fortum Oyj.

May 02, 2024

Gentari Renewables India Pte. Ltd. signed an agreement to acquire 185-MW Indian solar portfolio from Evli Fund Management Company Ltd., Uk Climate Investments Lakeside Limited and Fortum Oyj (HLSE:FORTUM) on May 3, 2024. The transaction is expected to take place in the second quarter of 2024.

Latest news about Fortum Oyj

Fortum, Helen Commission 380-MW Wind Farm in Finland	May. 14	MT
Germany's Uniper Appeals Russian Ruling That Could Cost it Billions	May. 07	DJ
Fortum Plans Hydrogen Pilot Plant in Finland	May. 07	MT
Finland's Fortum to Divest Remaining Stake in Indian Solar Portfolio	May. 03	MT
FORTUM OYJ - WILL RECORD SOME PROFITS FROM DIVESTMENT IN CONNECT…	May. 03	RE
FORTUM OYJ - SIGNED AN AGREEMENT TO SELL REMAINING 43.75% SHARE…	May. 03	RE
FORTUM SELLS ITS OWNERSHIP IN THE 185-MW INDIAN SOLAR PORTFOLIO…	May. 03	RE
Gentari Renewables India Pte. Ltd. signed an agreement to acquire 185-MW Indian solar portfolio from Evli Fund Management Company Ltd., Uk Climate Investments Lakeside Limited and Fortum Oyj.	May. 02	CI
FORTUM : EPS upgrade (2024: +4.6%, 2025: +4.2%)	Apr. 30
FORTUM : Q1 24: Better volumes but lower achieved prices	Apr. 30
Transcript : Fortum Oyj, Q1 2024 Earnings Call, Apr 30, 2024	Apr. 30
FORTUM OYJ - OUTLOOK 2024 UNCHANGED: CAPITAL EXPENDITURE IS EXPE…	Apr. 30	RE
FORTUM OYJ - DRIVEN BY DECREASED CONTINENTAL EUROPEAN POWER FUTU…	Apr. 30	RE
FORTUM OYJ - IN NORDICS, JANUARY WAS COLD AND LEAD TO HIGHER SPO…	Apr. 30	RE
FORTUM OYJ - CONSUMER SOLUTIONS SEGMENT Q1 MAINLY DRIVEN BY HIGH…	Apr. 30	RE
FORTUM OYJ - AT END OF Q1 OF 2024, APPROXIMATELY 70% OF THE GENE…	Apr. 30	RE
FORTUM OYJ - AFTER A DIFFICULT YEAR IN 2023, CONSUMER SOLUTIONS…	Apr. 30	RE
FORTUM OYJ - LOWER ACHIEVED PRICE IS REFLECTED IN GENERATION SEG…	Apr. 30	RE
FORTUM OYJ - FIRST-QUARTER ACHIEVED PRICE WAS SUPPORTED BY A STR…	Apr. 30	RE
FORTUM OYJ - LOWER NORDIC SPOT POWER PRICE IS REFLECTED IN OUR F…	Apr. 30	RE
Fortum Oyj Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 30	CI
Putin urges restraint in state seizure of assets	Apr. 25	RE
Fortum Secures Five-year Power Purchase Deal in Sweden	Apr. 17	MT
FORTUM OYJ - PPA WITH PROGRESSIVE PRICING FOR DELIVERY OF ABOUT…	Apr. 17	RE
Finland's Fortum to Upgrade Hydropower Plant in Sweden	Apr. 17	MT

Chart Fortum Oyj

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Company Profile

Fortum Oyj is one of the leading Nordic electricity producers. Net sales (before intra-group eliminations) break down by activity as follows: - sale of electricity (81.5%); - sale of heat (5.9%); - sale of gas (4.8%); - other (7.8%). Net sales are distributed geographically as follows: Nordic countries (73.9%), Poland (21.4%), and other (4.7%).

Sector

Electric Utilities

Calendar

2024-08-15 - Q2 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR)

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Income Statement Evolution

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Analysis / Opinion

FORTUM : EPS upgrade (2024: +4.6%, 2025: +4.2%)

April 30, 2024 at 08:50 am EDT

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Ratings for Fortum Oyj

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

14.64 EUR

Average target price

13.19 EUR

Spread / Average Target

-9.89%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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Other Electric Utilities

Fortum Oyj

Equities

FORTUM

FI0009007132

Electric Utilities

Gentari Renewables India Pte. Ltd. signed an agreement to acquire 185-MW Indian solar portfolio from Evli Fund Management Company Ltd., Uk Climate Investments Lakeside Limited and Fortum Oyj.

EPS Revisions