Fortum : Q1 2020 in line with our estimates
>Q1 earnings broadly in line with our estimates - On Friday morning, Fortum reported Q1 results in line with our expectations. Comparable EBITDA was up € 543m (-0.4% y-o-y) vs ODDO BHF to € 520m and € 526m for the consensus. Comparable EBIT was € 393m (-3.7% y-o-y) vs € 385m forecast (ODDO BHF / consensus). Underlying EPS was € 0.83 (€ 0.42 in Q1 2019) vs € 0.63 estimated by ODDO BHF and the consensus. Reported EPS was € 1.05 (€ 0.38 in Q1 2019) of which € 0.22 (€ 0....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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.