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MarketScreener Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Fortum Oyj    FORTUM   FI0009007132

FORTUM OYJ

(FORTUM)
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Uniper eyes 4 GW of renewables capacity beyond 2025 - CEO

12/03/2020 | 06:05am EST
FILE PHOTO: The logo of German energy utility company Uniper SE is pictured in the company's headquarters in Duesseldorf

FRANKFURT (Reuters) - German utility Uniper is planning to develop 4 gigawatts of solar and wind power projects beyond 2025, Chief Executive Andreas Schierenbeck said on Thursday.

This includes the group's business in Russia, where the company so far only operates fossil-fuel based power stations.

"Uniper's asset base in Germany, UK and the Netherlands offers a strong development platform at its own sites and advanced opportunities in non-organic growth," Schierenbeck said.

(Reporting by Christoph Steitz, editing by Emma Thomasson)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
FORTUM OYJ 0.57% 21.19 Delayed Quote.6.95%
UNIPER SE -0.40% 29.58 Delayed Quote.5.24%
UNIPRO 1.09% 2.977 End-of-day quote.6.66%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) -0.04% 73.84875 Delayed Quote.-0.05%
All news about FORTUM OYJ
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01/04FORTUM OYJ : A good production year 2020 at Fortum's Loviisa nuclear power plant
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2020FORTUM OYJ : diversifies its wind power cooperation in Russia
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2020FORTUM CORPORATION : Managers' transactions – Risto Pentti
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2020FORTUM OYJ : Apros® 6.10 SR1 is out
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2020FORTUM CORPORATION : Managers' transactions – Sirpa-Helena Sormunen
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2020FORTUM CORPORATION : Managers' transactions - Sirpa-Helena Sormunen
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2020FORTUM OYJ : appoints Bernhard Gunther as new CFO
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More news
Financials
Sales 2020 56 531 M 68 538 M 68 538 M
Net income 2020 1 949 M 2 363 M 2 363 M
Net Debt 2020 7 905 M 9 584 M 9 584 M
P/E ratio 2020 9,61x
Yield 2020 5,29%
Capitalization 18 716 M 22 604 M 22 692 M
EV / Sales 2020 0,47x
EV / Sales 2021 0,37x
Nbr of Employees 19 983
Free-Float 47,2%
Chart FORTUM OYJ
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Technical analysis trends FORTUM OYJ
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Average target price 19,76 €
Last Close Price 21,07 €
Spread / Highest target 18,7%
Spread / Average Target -6,24%
Spread / Lowest Target -26,4%
EPS Revisions
Managers and Directors
NameTitle
Markus Heikki Erdem Rauramo President & Chief Executive Officer
Matti Juhani Lievonen Chairman
Timo Tapani Karttinen Chief Financial Officer
Kim Juhani Ignatius Independent Non-Executive Director
Tiina Marjukka Tuomela Director & Executive VP-Generation Division
Sector and Competitors
1st jan.Capitalization (M$)
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