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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.
| 18 Feb 2010 |
| Stable performance in turbulent times | 3 Feb 2010 |
| Fortum Corporation's Board of Directors' proposal to amend the Articles of Association | 3 Feb 2010 |
| Notice to the General Meeting of Shareholders of Fortum Corporation | 3 Feb 2010 |
| The nominees for Fortum's Board of Directors for the year 2010 | 2 Feb 2010 |