Fortum Annual Review 2021

Fortum's annual reporting entity in 2021 includes CEO's Business Review, Financials (including the Financial Statements and Operating and Financial Review), Governance, Remuneration, Tax Footprint and Sustainability.

Decorative image of Financials 2021 cover
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Decorative picture of Governance 2021 cover
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Decorative picture of Remuneration 2021 cover
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Decorative picture of CEO Review 2021 cover
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Decorative picture of Tax Footprint 2021 cover
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Decorative image of Sustainability 2021 cover
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Financial Statements and Operating and Financial Review Download
ESEF Financial Statements (zip)
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President and CEO Markus Rauramo:

"In the turbulent operating environment in 2021, we kept our strategic priorities clear and held our course. We successfully continued the implementation of our strategy with active portfolio rotation and accelerated decarbonisation, and produced another great set of operative results. 2021 was also the year in which Fortum and Uniper grew closer together." Read more in CEO's Business Review.

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Financial performance 2021

  • Comparable operating profit EUR 2,536 million (2020: 1,344)
  • Earnings per share EUR 0.83 (2020: 2.05)
  • Financial net debt/comparable EBITDA  0.2 (2020: 2.9)

Read more in Financials 2021

Highlights 2021

Reports and presentations
Strengthening the balance sheet:

over EUR 4 billion total consideration from divestments

Key topics and targets
Leverage ratio 0.2

clearly below the target of <2 times

Collaboration partners
Fortum and Uniper

cooperation stepped up

Investors homepage

Investors: In focus