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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.
| 26 Oct 2017 |
| Invitation to the news conferences on Fortum's January-September 2017 Interim Report on 26 October 2017 | 12 Oct 2017 |
| Fortum's Shareholders' Nomination Board 2017 | 9 Oct 2017 |
| Fortum signs agreement with E.ON | 26 Sept 2017 |
| Fortum intends to become a major shareholder in Uniper – to launch public takeover offer if agreement reached with E.ON regarding its 46.65% share in Uniper | 20 Sept 2017 |