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    FORTUM   FI0009007132

FORTUM OYJ

(FORTUM)
  Report
Real-time Estimate Tradegate  -  10:38 2022-08-10 am EDT
10.95 EUR   -1.13%
08/05Fitch Confirms Fortum Rating With Negative Outlook, Citing Isolation From German Unit Uniper’s Losses
MT
08/05Fitch affirms Fortum's long-term rating of BBB with negative outlook on Uniper's stabilisation plan
AQ
08/05S&P Global Ratings affirms Fortum's long-term rating of BBB following Uniper support package, outlook negative
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
Business Summary
Logo Fortum Oyj
Fortum Oyj is one of the leading Nordic electricity producers. Net sales break down by activity as follows:

- sale of gas (52.7%);

- sale of electricity (30.1%);

- sale of heat (1%);

- other (16.2%).

Net sales are distributed geographically as follows: Nordic countries (9.7%), the United Kingdom (27.5%), Germany (21.6%), Russia (1.7%), Europe (31.9%) and other (7.6%).

Number of employees : 19 796 people.
Sales per Business
20202021Delta
Uniper44 514.0090.8%105 964.0094.3% +138.05%
Generation1 585.003.2%2 756.002.5% +73.88%
Consumer Solutions1 264.002.6%2 608.002.3% +106.33%
City Solutions1 012.002.1%1 264.001.1% +24.9%
Russia927.001.9%903.000.8% -2.59%
Other30.000.1%34.00- +13.33%
EUR in Million
Sales per region
20202021Delta
Other Europe--35 864.0031.9%-
United Kingdom9 618.0019.6%30 933.0027.5% +221.62%
Germany12 223.0024.9%24 248.0021.6% +98.38%
Nordics4 754.009.7%10 848.009.7% +128.19%
Other Countries3 021.006.2%8 572.007.6% +183.75%
Russia1 610.003.3%1 935.001.7% +20.19%
EUR in Million
Managers
Name Title Age Since
Markus Heikki Erdem Rauramo President & Chief Executive Officer 53 2020
Bernhard Günther Chief Financial Officer 55 2021
Ingela Ulfves VP-Investor Relations & Financial Communications - 2017
Aleksandr Anatolievich Chuvaev Executive Vice President-Russia Division 61 2009
Per Erik Langer Executive Vice President-City Solutions 52 2017
Kari Johannes Kautinen, Dr. Senior Vice President-Solar & Wind Development 57 2014
Mans Holmberg Manager-Investor Relations - -
Mikael Gösta Rönnblad Executive Vice President-Consumer Solutions 52 2017
Eristan Rakhberovich Vekilov Branch Manager 56 2013
Mika Juhani Paavilainen Vice President, Head-Mergers & Acquisitions 47 2019
Members of the board
Name Title Age Since
Veli-Matti Reinikkala Chairman 65 2021
Anja McAlister Deputy Chairman 61 2021
Essimari Kairisto Independent Director 55 2018
Philipp Rösler, Dr. Independent Director 48 2019
Teppo Paavola Independent Director 54 2020
Annette Stube Independent Director 54 2020
Luisa Deplazes de Andrade Delgado Independent Director 55 2021
Ralf Christian Independent Director 58 2022
Kimmo Jukka Tapio Viertola Independent Director 60 2022
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 888,294,465 419,930,920 47.3% 0 0.0% 47.3%
Shareholders
NameEquities%
Government of Finland 450,932,988 50.8%
Keskinäinen Eläkevakuutusyhtiö Ilmarinen 13,419,000 1.51%
Keskinäinen Työeläkevakuutusyhtiö Varma 12,530,407 1.41%
The Vanguard Group, Inc. 11,322,069 1.27%
Lyxor International Asset Management SAS 10,151,919 1.14%
State Street Global Advisors Ltd. 7,464,419 0.84%
Keskinäinen Työeläkevakuutusyhtiö Elo 7,120,485 0.80%
The Social Insurance Institution of Finland (Invt Port) 6,430,896 0.72%
McKinley Capital Management LLC 6,384,690 0.72%
City of Kurikka 6,203,500 0.70%
Holdings
NameEquities%Valuation
UNIPER SE (UN01) 285,302,416 78.0% 4,226,478,550 USD
PUBLIC JOINT STOCK COMPANY TERRITORIAL GENERATING COMPANY NO. 1 (TGKA) 1,155,839,904,000 30.0% 184,934,385 USD
AS LATVIJAS GAZE (GZE1R) 7,285,740 18.3% 68,704,237 USD
Markets and indexes
- Main Market Large
- OMX Helsinki 25 / NASDAQ OMX Nordic 120, OMX Nordic 40, PEA, STOXX Europe 600
Stock Exchange Codes
- Bloomberg Code :  FORTUM:FH
- Reuters Code :  FORTUM.HE
- Datastream Code :  
Company contact information
Fortum Oyj
CD building Keilalahdentie 2-4
PO Box 100
FI-02150 Espoo

Phone : +358 (0) 10 45 11
Fax :
web site : http://www.fortum.com
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