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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.
| Decisions by Fortum Corporation's Annual General Meeting 2018 and Board | 28 Mar 2018 |
| Fortum to support Uniper dividend proposal | 21 Mar 2018 |
| TVO confirms agreement on Olkiluoto 3 project completion and related disputes | 11 Mar 2018 |
| Fortum's Financial Statements and Operating and Financial Review 2017 published | 21 Feb 2018 |
| Fortum Corporation: Managers' transactions - Pekka Lundmark | 14 Feb 2018 |