Company Fortum Oyj

Equities

FORTUM

FI0009007132

Electric Utilities

Real-time Estimate Tradegate 06:01:40 2024-04-25 am EDT 5-day change 1st Jan Change
12.22 EUR +0.70% Intraday chart for Fortum Oyj +1.45% -6.39%

Business Summary

Fortum Oyj is one of the leading Nordic electricity producers. Net sales (before intra-group eliminations) break down by activity as follows:

- sale of electricity (81.5%);

- sale of heat (5.9%);

- sale of gas (4.8%);

- other (7.8%).

Net sales are distributed geographically as follows: Nordic countries (73.9%), Poland (21.4%), and other (4.7%).

Number of employees: 5,168

Sales per Business

EUR in Million2022Weight2023Weight Delta
Generation
60.0 %
4,299 48.8 % 4,026 60.0 % -6.35%
Consumer Solutions
55.8 %
4,549 51.7 % 3,745 55.8 % -17.67%
Reconciling Items
-22.5 %
-2,312 -26.3 % -1,510 -22.5 % -34.69%
Other
6.7 %
30 0.3 % 449 6.7 % +1,396.67%

Sales per region

EUR in Million2022Weight2023Weight Delta
Nordics
73.9 %
6,426 73.0 % 4,957 73.9 % -22.86%
Poland
21.4 %
1,101 12.5 % 1,437 21.4 % +30.52%
Other Countries
4.7 %
246 2.8 % 316 4.7 % +28.46%

Managers

Managers TitleAgeSince
Chief Executive Officer 56 12-07-31
Director of Finance/CFO 58 23-03-31
Public Communications Contact - -
Investor Relations Contact - 17-11-30
Human Resources Officer 41 21-04-30
General Counsel 51 21-04-30
Corporate Officer/Principal 46 08-12-31
Comptroller/Controller/Auditor 63 13-12-31
Corporate Officer/Principal 50 13-12-31
Corporate Officer/Principal 56 21-05-31

Members of the board

Members of the board TitleAgeSince
Chairman 68 -
Director/Board Member 58 23-04-12
Director/Board Member 62 23-04-22
Director/Board Member 55 23-04-22
Director/Board Member 60 22-03-27
Director/Board Member 57 21-04-27
Director/Board Member 57 23-04-12
Director/Board Member 57 17-12-31
Director/Board Member 57 20-04-22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 897,264,465 418,429,088 ( 46.63 %) 0 46.63 %

Shareholders

NameEquities%Valuation
Government of Finland
51.26 %
459,902,988 51.26 % 5 685 M €
Keskinäinen Eläkevakuutusyhtiö Ilmarinen
2.234 %
20,048,221 2.234 % 248 M €
Keskinäinen Työeläkevakuutusyhtiö Varma
1.747 %
15,677,853 1.747 % 194 M €
Keskinäinen Työeläkevakuutusyhtiö Elo
1.313 %
11,785,000 1.313 % 146 M €
The Social Insurance Institution of Finland (Invt Port)
0.7167 %
6,430,896 0.7167 % 79 M €
City of Kurikka
0.6914 %
6,203,500 0.6914 % 77 M €
Valtion Eläkerahasto - The State Pension Fund
0.6642 %
5,960,000 0.6642 % 74 M €
OP Asset Management Ltd.
0.6472 %
5,807,114 0.6472 % 72 M €
Nordea Investment Management AB (Finland)
0.5770 %
5,176,802 0.5770 % 64 M €
Universal-Investment-Gesellschaft mbH (Invt Mgmt)
0.3348 %
3,004,122 0.3348 % 37 M €

Holdings

NameEquities%Valuation
7,285,740 18.26% 74,751,692 $
33,500 0.19% 223,954 $

Company contact information

Fortum Oyj

CD Building Keilaniementie 2-4

02150, Espoo

+358 10 4511

http://www.fortum.com
address Fortum Oyj(FORTUM)

Group companies

NameCategory and Sector
Other Transportation
Electric Utilities
Oil & Gas Pipelines
Alternative Power Generation
Electrical Products
Miscellaneous Commercial Services
Fortum Jelgava SIA
Electric Utilities
Hallingkraft AS

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
16
Last Close Price
12.13 EUR
Average target price
12.89 EUR
Spread / Average Target
+6.30%
Consensus