Fortum Oyj (HEL:FORTUM)

Finland flag Finland · Delayed Price · Currency is EUR
22.02
+0.37 (1.71%)
Apr 28, 2026, 6:29 PM EET
63.96%
Market Cap 19.43B
Revenue (ttm) 4.99B
Net Income (ttm) 765.00M
Shares Out 897.26M
EPS (ttm) 0.85
PE Ratio 25.39
Forward PE 20.41
Dividend 0.74 (3.42%)
Ex-Dividend Date Apr 1, 2026
Volume 918,914
Average Volume 1,261,390
Open 21.65
Previous Close 21.65
Day's Range 21.65 - 22.02
52-Week Range 13.42 - 22.92
Beta 0.13
RSI 55.02
Earnings Date Apr 29, 2026

About Fortum Oyj

Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat to private and business customers in Finland, Sweden, Norway, Poland, and internationally. It operates through Generation, Consumer Solutions, and Other Operations segments. The Generation segment offers low-carbon hydro, nuclear, onshore wind, and solar power generation; district heating and cooling; and decarbonization services. The Consumer Solutions segment offers invoicing and customer services; electricity and related value-added product... [Read more]

Sector Utilities
Founded 1998
Employees 4,551
Stock Exchange Nasdaq Helsinki
Ticker Symbol FORTUM
Full Company Profile

Financial Performance

In 2025, Fortum Oyj's revenue was 4.99 billion, a decrease of -13.98% compared to the previous year's 5.80 billion. Earnings were 765.00 million, a decrease of -34.28%.

Financial Statements

News

Fortum Oyj Transcript: AGM 2026

The AGM reviewed strong financial results, approved a 90% dividend payout, and expanded the board to 10 members. Strategic focus remains on growth, renewables, and resilience amid geopolitical and market uncertainties.

4 weeks ago - Transcripts

Fortum Oyj Earnings Call Transcript: Q4 2025

2025 saw lower generation volumes and earnings due to nuclear outages, but strong liquidity and a robust renewables pipeline. Dividend of €0.74/share proposed, with 2026 guidance showing stable hedging, continued cost discipline, and growth in renewables.

3 months ago - Transcripts

Fortum Oyj Transcript: Investor Day 2025

Management outlined a strategy centered on Nordic decarbonized power, targeting EUR 330 million profit growth by 2030 through operational excellence, renewables, and flexibility solutions. Capital discipline, new hedging targets, and a robust dividend policy support growth, while data center and industrial demand drive future opportunities.

5 months ago - Transcripts

Fortum Oyj Earnings Call Transcript: Q3 2025

Q3 saw higher achieved power prices but lower generation volumes due to hydro and nuclear outages, leading to decreased profits. Consumer Solutions delivered record results, while the renewables pipeline expanded and cost reduction programs progressed.

6 months ago - Transcripts

Fortum Oyj Earnings Call Transcript: Q2 2025

Record low hydro and nuclear volumes led to weaker financials, but strong hedging and consumer solutions performance provided some offset. Outlook for 2025 remains cautious due to continued operational challenges, while growth investments and cost reductions are on track.

9 months ago - Transcripts

Hexa Climate buys Fortum's India renewables; plans $500 million investment

India's Hexa Climate Solutions, backed by private equity firm I Squared Capital, has acquired Finland-based Fortum's domestic renewables portfolio and plans to invest $500 million to expand its clean ...

1 year ago - Reuters

Fortum Oyj Earnings Call Transcript: Q1 2025

Q1 2025 saw strong achieved power prices and a robust optimization premium, but lower hydro and nuclear output led to declines in operating profit and EPS. Liquidity and leverage remain strong, with updated guidance raising the optimization premium outlook for 2025.

1 year ago - Transcripts

Fortum Oyj Transcript: AGM 2025

The meeting reviewed strong financials despite lower power prices, highlighted a robust balance sheet, and announced a €1.40 per share dividend. Strategic focus included divestments, efficiency gains, and major investments in renewables and decarbonization.

1 year ago - Transcripts

Finland's Fortum explores long-term options for new nuclear power

Finnish utility Fortum said on Monday it was focusing on renewable energy and nuclear lifetime extensions to cover growing electricity demand, while continuing to explore new nuclear generation and pu...

1 year ago - Reuters

Fortum Oyj Transcript: Status Update

Significant electricity demand growth in the Nordics is driving the need for reliable, low-emission power. New nuclear is seen as a long-term option, but requires government risk-sharing, strong customer demand, and co-investors. Three technologies are shortlisted, with project development now entering a new phase.

1 year ago - Transcripts

Fortum Oyj Earnings Call Transcript: Q4 2024

2024 saw lower profits due to weak power prices, but strong cash flow and a robust balance sheet enabled a special dividend. Strategic divestments, efficiency gains, and progress on decarbonization and renewables position the company for future growth.

1 year ago - Transcripts

Finnish utility Fortum reports fourth-quarter profit increase

Finnish utility Fortum on Tuesday reported a surprise increase in October to December operating profit, but said its comparable operating profit declined due to lower hydro and nuclear volumes and wea...

1 year ago - Reuters

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).

1 year ago - Reuters

Fortum Oyj Earnings Call Transcript: Q3 2024

Q3 results showed resilient performance despite lower power prices, with strong liquidity, improved leverage, and continued strategic progress in decarbonization and asset optimization. Outlook remains stable with robust hedging, cost reduction targets, and significant cash inflows expected in Q4.

1 year ago - Transcripts

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.

1 year ago - Reuters

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...

1 year ago - Reuters

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...

1 year ago - Reuters

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...

1 year ago - Reuters

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...

1 year ago - Reuters

Fortum Oyj Earnings Call Transcript: Q2 2024

Q2 and H1 results showed resilient performance despite lower power prices, with improved hydro volumes and segment profits outside generation. Major divestments strengthened the balance sheet, and guidance remains for cost reductions and stable dividends amid ongoing market volatility.

1 year ago - Transcripts

Fortum Oyj Transcript: AGM 2024

2 years ago - Transcripts

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.

2 years ago - Reuters