The Finnish energy company Fortum has updated its long-term financial objectives as it holds its Investor Day on Tuesday, according to a press release.
The update includes the addition of a new goal: achieving a Return on Net Assets (RONA) of 14 percent. Over the past twelve months, up to and including the third quarter of 2025, this return stood at 10.3 percent.
The company's other target--maintaining a credit rating of at least BBB--remains unchanged.
Furthermore, Fortum states it expects to improve its adjusted operating profit by 330 million euros by 2030. Over the last twelve months, up to and including the third quarter of 2025, this figure amounted to 930 million euros.
"This improvement is based on our own initiatives, such as enhanced fleet availability, efficiency improvements, and organic growth," Fortum writes.
Capital expenditures (capex) are projected to total approximately 550 million euros in 2026, excluding acquisitions, and around 2 billion euros for the entire 2026-2030 period, also excluding acquisitions.
