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Fortum

Fortum
1998 FOUNDED
PUBLIC STATUS
5K-10K EMPLOYEES
FORTUM STOCK SYMBOL
60 INVESTMENTS
$23.36 SHARE PRICE (As of Monday Closing)
Description

Fortum Oyj is a Finnish energy company that operates power plants, which use renewable energy sources (hydro, nuclear, and solar power) to sell electricity, heat, cooling, and power products and services. The company mainly operates in Nordic and Baltic countries, Russia, Poland, and India. Its main divisions of the company are generation (large-scale power production), city solutions (sustainable energy solutions), Russia (all Russian operations), technology and new ventures (research and development and in-house incubator for startups), mergers and acquisitions, and solar and wind development. The company operating segments are Generation, City Solutions, Consumer Solutions, Russia, and Other. Most of the company's sales are derived from the Generation segment.

Website
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Electrical Equipment
Other Industries
Energy Infrastructure
Stock Exchange
HEL
Primary Office
  • Keilalahdentie 2-4 (CD building)
  • P.O.Box 100
  • 00048 Espoo
  • Finland

+358 010 0000
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Fortum Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$20.14 - $24.62 $20.8B $23.41 $1.68 1.31M 888M

Fortum Financials Summary

In Thousands,
USD
TTM
30-Sep-2019
FY 2018
31-Dec-2018
FY 2017
31-Dec-2017
FY 2016
31-Dec-2016
Enterprise Value 27,523,577 25,782,640 19,041,665 13,616,055
Revenue 6,196,347 6,185,908 5,099,751 4,018,627
EBITDA 2,507,643 1,986,052 1,919,455 1,215,654
Net Income 1,486,762 994,796 976,644 548,648
Total Assets 25,009,026 25,633,722 26,097,128 23,099,575
Total Debt 7,436,624 6,968,657 5,861,746 5,369,989
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Fortum Competitors (6)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Enel Corporate Backed or Acquired Rome, Italy 00000 00000000000
0000000 000000 Formerly PE-Backed Zamudio, Spain 00000 000000&0
00000-000 Private Equity-Backed New York, NY 00 00000 000000000 00000
0000000 000000 Private Equity-Backed Alcobendas, Spain 0000 00000000000
000000 Corporate Backed or Acquired Saint-Ouen, France 00000 00.000 00000000000 00.000
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Fortum Investments & Acquisitions (60)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 0000000 08-Oct-2019 000000000000000000 00.000 Energy Production 00000 00000000
000000 000000000 0 27-May-2019 00000 0000000 Energy Production 000000 0000000
000000000 00000 00 16-Apr-2019 000000000 00.000 Other Commercial Services 0000 000000
0000 00000000 03-Dec-2018 000000000 00000 Other Capital Markets/Institutions 00000 00000000
BK Enerģija 13-Jul-2018 Merger/Acquisition Other Business Products and Services 00000 00000000
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Fortum Exits (15)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000000 000000000 04-Aug-2017 000000000 00000000 Completed
  • 000000
0000 08-Apr-2016 000000000000000000 00000 Completed
  • 000000
00000 0000 30-Oct-2014 000000000000000000 Completed
  • 000000
00000000000 000000 14-Jul-2014 000000000000000000 Completed
  • 000000
Tobolsk Combined Heat & Power Plant 29-Nov-2013 Merger/Acquisition 00000 Completed
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Fortum Subsidiaries (5)

Company Name Industry Location Founded
Fortum Gemensam Pensionsstiftelse Corporate Pension Stockholm, Sweden 2008
000000000 00000000 Environmental Services (B2B) Sollentuna, Sweden 0000
000000 00000 Energy Production Tartu, Estonia 0000
000000000 Other Commercial Products Oulu, Finland 0000
000000 00000 Electric Utilities Zabrze, Poland 0000
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Fortum Executive Team (25)

Name Title Board
Seat
Contact
Info
Pekka Lundmark President, Chief Executive Officer and Member of the Executive Management Team
Markus Rauramo Chief Financial Officer & Member of the Executive Management Team
Heli Antila Chief Technology Officer
Sanjay Agarwal Managing Director, India
Alexander Chuvaev Executive Vice President, Russia Division and General Director of PAO

10 Former Executives

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Fortum Board Members (5)

Name Representing Role Since Contact
Info
000000 000000000 Fortum Vice President, Power Solutions 000 0000
000 00000000 Fortum Board Member 000 0000
00000-000000 0000000 00.0 Elektrizitätswerk Wesertal Deputy Chairman 000 0000
00000 00000000 Self Chairman of the Board of Directors 000 0000

1 Former Board Member

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