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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.
| 25 Mar 2013 |
| Fortum’s Financial Statements for 2012, Annual Summary 2012 and Corporate Governance Statement published online | 18 Feb 2013 |
| Fortum Corporation’s Financial statements bulleting 2012: A very demanding market environment in 2012 – efficiency programme proceeding as planned | 31 Jan 2013 |
| Notice to the Annual General Meeting of Shareholders of Fortum Corporation | 31 Jan 2013 |
| Fortum assesses its strategic position in the electricity distribution business | 31 Jan 2013 |