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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.
| 17 Oct 2013 |
| Invitation to press and telephone conferences on Fortum’s interim report on 23 October 2013 | 16 Oct 2013 |
| Fortum’s financial information in 2014 | 10 Sept 2013 |
| Fortum's Shareholders' Nomination Board | 3 Sept 2013 |
| Appointment in Fortum's Management Team | 30 Aug 2013 |
| Fortum to discontinue electricity production at Inkoo coal-fired power plant in Finland | 13 Aug 2013 |