In focus

Markus Rauramo appointed President and CEO of Fortum

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Highlights of Fortum January-March 2020 Interim Report

  • Comparable EBITDA was EUR 543 (545) million
  • Comparable operating profit was EUR 393 (408) million, -4%
  • Operating profit was EUR 592 (358) million, +65%
  • Share of profits of associates and joint ventures was EUR 479 (111) million, mainly related to Fortum’s share of Uniper’s profits
  • Earnings per share were EUR 1.05 (0.38), of which EUR 0.22 ( 0.04) related to items affecting comparability and EUR 0.53 (0.06) to Uniper
  • Cash flow from operating activities totalled EUR 1,114 (751) million
  • Pekka Lundmark, President and CEO in Bloomberg radio interview on 15 May

Link to the release, webcast and other related materials

Fortum increases ownership in Uniper to 73.4%

Fortum has closed the  final tranche of the agreement to purchase the Uniper SE shares held by Elliott  and Knight Vinke and their affiliates. Fortum now holds 73.4% of the shares and voting rights in Uniper.

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Fortum's Annual Review 2019

Read about Fortum's financial year 2019

IR contacts

Ingela Ulfves
Vice President, Investor Relations and Financial Communications
Tel: +358 40 515 1531
ingela.ulfves@fortum.com

Rauno Tiihonen
Investor Relations Manager
Tel: +358 10 453 6150
rauno.tiihonen@fortum.com

Måns Holmberg
Investor Relations Manager, Financial Communications and Private Investors
Tel: +358 44 518 1518
mans.holmberg@fortum.com