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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.
| 13 Sept 2006 |
| Fortum shares subscribed for with share warrants | 8 Sept 2006 |
| Fortum's financial information in 2007 | 5 Sept 2006 |
| FORTUM ESPOO'S RELEASE: FORTUM ESPOO APPLIES FOR DELISTING OF ITS SHARE FROM THE | 5 Sept 2006 |
| Final result of Fortum's redemption offer for Fortum Espoo's shares | 1 Sept 2006 |