Fortum : Further impairments related to Russian activities
>Addition pre-tax impairments of ~€ 990m in Q4 - Fortum announced that it booked additional pre-tax impairments of approximately € 990m related to its Russia segment in Q4 2022, due to the increasingly complex operating environment and prolonged uncertainty regarding its Russian operations. In detail, the impairments include approximately: i/€ 550m related to fixed assets for the Russia segment, which will be recognised as "items affecting comparability"; ii/ € 250m...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.
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.
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