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Fortum reported a drop in third-quarter profit, citing lower power generation from its nuclear and hydro plants which also pushed its net debt higher.
Finnish utility Fortum reported a sharp drop in second-quarter profit, citing struggles with its core nuclear and hydropower assets, while announcing a major acquisition to expand its wind power portfolio.
Fitch Ratings upgraded Fortum's long-term credit rating to BBB+ from BBB, citing the Finnish energy company's improved financial strength and sustained reduction in debt.
| 12 May 2021 |
| Decisions by Fortum Corporation's Annual General Meeting 2021 | 28 Apr 2021 |
| Fortum Corporation's Board Committees 2021 | 28 Apr 2021 |
| Correction to the LEI code in Fortum's ESEF Operating and Financial Review and Financial Statements 2020 | 16 Apr 2021 |
| Changes to Fortum Executive Management team as part of a more integrated leadership approach across the Group | 13 Apr 2021 |