Fortum : The wall of uncertainty is still too high to overcome for now
>FY 2021 results better than expected - Fortum released its full-year results yesterday, beating our forecasts and those of the consensus. Comparable EBITDA increased by 57% y-o-y to € 3,817m vs € 3,526m expected (vs Vara consensus of € 3,702m) and comparable EBIT by 89% y-o-y to € 2,536m vs € 2,337m expected (vs Vara consensus of € 2,450m). Growth was driven mainly by the significant earnings contribution made by the Uniper segment, which benefited from volatility a...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.