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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.
| 3 Dec 2020 |
| Fortum Corporation: Managers' transactions – Arto Räty | 20 Nov 2020 |
| Fortum Corporation: Managers' transactions – Per Langer | 20 Nov 2020 |
| Fortum Corporation: Managers' transactions – Arun Aggarval | 20 Nov 2020 |
| Fortum Corporation: Managers' transactions – Sirpa-Helena Sormunen | 20 Nov 2020 |