)
Fortum (FORTUM) investor relations material
Fortum Investor presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic priorities and market positioning
Focus on delivering reliable energy, driving industrial decarbonisation, and transforming operations to support sustainability and growth.
Nordic market offers low-carbon, affordable electricity, attracting new demand from sectors like data centres and hydrogen.
Partnerships and customer-centric offerings, including PPAs and powered land, support industrial growth and energy management.
Flexible generation fleet and optimisation premium provide a competitive advantage in volatile markets.
Strategic capital allocation balances investments and shareholder returns, targeting a 14% RONA and maintaining a BBB credit rating.
Financial performance and outlook
Achieved power price in 2025 was €51.4/MWh, with a strong optimisation premium of €9.7/MWh.
Comparable operating profit declined to €924 million, mainly due to lower generation volumes and prices.
Net cash from operating activities was €840 million, with financial net debt to EBITDA at 1.2x.
Dividend proposal for 2025 is €0.74/share, representing a 90% payout.
Capital expenditure guidance for 2026–2030 is €2.0 billion, with €250 million annual maintenance and €750 million growth capex.
Operational highlights and business segments
Power generation in 2025 was 42.3 TWh, dominated by nuclear (52%) and hydro (44%).
Consumer Solutions segment achieved record profits, driven by improved margins and cost synergies.
Other Operations improved due to divestments, particularly in Circular Solutions.
Nordic hydro reservoirs experienced high inflows, contributing to continued price volatility.
Interconnector capacity in the Nordics is set to exceed 13 GW by end of 2026, enhancing market integration.
- Solid optimisation premium and renewables growth drive long-term value and climate progress.FORTUM
Investor presentation3 Feb 2026 - Lower generation volumes reduced profits, but strong liquidity and €0.74/share dividend proposed.FORTUM
Q4 20253 Feb 2026 - Resilient H1 2024 results with strong hedging, cost cuts, and robust financial position.FORTUM
Q2 20241 Feb 2026 - Resilient Q3, strong hedging and liquidity, with strategic progress despite lower power prices.FORTUM
Q3 202418 Jan 2026 - Strong profitability and liquidity achieved despite lower power prices and major asset divestments.FORTUM
Q4 20248 Jan 2026 - New nuclear is a long-term Nordic solution, dependent on risk-sharing and strong partnerships.FORTUM
Status Update7 Jan 2026 - Strong power price and optimization premium offset lower output; financial position remains robust.FORTUM
Q1 202525 Dec 2025 - 14% RONA, €330m profit growth, and net zero by 2040 drive Nordic energy expansion.FORTUM
Investor Day 202525 Nov 2025 - Profits fell on low generation, but hedging and acquisitions supported financial stability.FORTUM
Q2 202523 Nov 2025
Next Fortum earnings date
Next Fortum earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)