Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Fortum : Road show confirms much more favourable trend

>Main themes discussed with management - At a virtual roadshow with CEO Markus Rauramo on Friday, investors had the opportunity to get an update on several areas of uncertainty surrounding the group but also to confirm the solid earnings trend as well as a strategy better suited to the challenges of the energy transition. In particular, questions focused on the tax risk in Finland and Sweden but also the dividend policy, financial performance and the options in terms ...
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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