Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Fortum : Des ambitions un peu trop raisonnables

>Objectifs stratégiques timides - Lors du Capital Market Day d’hier, Fortum a présenté sa nouvelle stratégie avec prise en compte de l’intégration d’Uniper. Les objectifs financiers ont été adaptés aux évolutions de périmètre et ont conduit le groupe à mettre en avant les points clés de ses engagement futurs. L’équilibre entre les investissements, le dividende et la notation de crédit semble avoir conduit le management à rogner sur les ambitions de croissance pour sat...
Underlying
Fortum Oyj

Fortum is an energy company. Co.'s operations are organised in five divisions: Hydro Power and Technology and Nuclear and Thermal Power, which are engaged in its hydro, nuclear and thermal power generation, services, portfolio management and trading as well as technology and research and development functions; Heat, Electricity Sales and Solutions, which consists of Co.'s combined heat and power production, district heating and business-to-business heating solutions, solar business, electricity sales and related customer offering; Russia, which consists of power and heat generation as well as heat distribution in Russia; and Distribution, which focuses on distribution activities in Sweden.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

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