Fortum Annual Review 2025
Fortum's annual reporting entity in 2025 includes five publications: Financials (including the Financial Statements and the Sustainability Statement), CEO's Business Review, Governance, Remuneration and Tax Footprint. The publications are available as PDF files below.
EUR 924 million
Comparable operating profit
1.2 times
Financial net debt-to-comparable EBITDA
99%
of power generation was from fossile-free sources
Markus Rauramo, President and CEO
For Fortum, 2025 was marked by a strong optimisation premium and solid achieved power price despite low generation volumes. At the end of the year, we updated our long-term financial targets as well as strategic targets and KPIs. We are confident that electricity demand in the Nordics will grow – driven by data centres, decarbonisation and electrification of industry, and the broader transition to a low-carbon society. With Fortum’s unique position in the Nordics, we are ready to lead that wave. Read more about Fortum's operations and main events in 2025 from CEO's Business Review 2025.
Sustainability at Fortum
Sustainability is essential to Fortum’s businesses and at the core of our strategy. Our actions are guided by our ambitious sustainability anf SBTi validated climate targets as we continue to take steps towards net-zero emissions, that also benefit the climate, biodiversity, and our customers. This is also a clear competitive advantage for Fortum. In our 2025 Sustainability Statement we have evaluated our most material sustainability matters based on their impacts, risks and opportunities. Read more about sustainability at Fortum from the Sustainability Statement, which is included in our Financials 2025 publication.
