Fortum Overview

  • Founded

  • 1998

Founded
  • Status

  • Public

  • Employees

  • 19,140

Employees
  • Stock Symbol

  • FORTUM

Stock Symbol
  • Investments

  • 66

  • Share Price

  • $13.67

  • (As of Tuesday Closing)

Fortum General Information

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, Uniper, and Other. Most of the company's sales are derived from the Uniper segment.

Contact Information

Website
www.fortum.com
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Electrical Equipment
Other Industries
Energy Infrastructure
Stock Exchange
HEL
Primary Office
  • P.O.Box 100
  • 00048 Espoo
  • Finland
+358 010 0000

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Fortum Stock Performance

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$13.67 $14.95 $13.20 - $32.29 $12.1B 888M 1.9M -$3.37

Fortum Financials Summary

In Thousands,
USD 		TTM 31-Mar-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 29,026,423 36,264,237 33,757,321 28,023,390
Revenue 156,254,646 132,890,365 55,872,831 6,097,616
EBITDA (4,680,821) 1,052,246 3,846,066 2,737,042
Net Income (2,989,686) 873,719 2,078,061 1,659,017
Total Assets 230,395,330 169,449,288 71,104,387 26,171,700
Total Debt 16,602,304 19,496,841 13,115,137 7,491,711
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Fortum Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Fortum Patents

  • 264

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 12

    Granted

  • 7

    Pending

  • 000

    Expiring in next 12 mo

Fortum Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-3904546-A1 Process for recovering components from alkaline batteries Pending 30-Apr-2020 000000000 0
EP-3904546-A4 Process for recovering components from alkaline batteries Pending 30-Apr-2020 000000000
US-20210344059-A1 Process for recovering components from alkaline batteries Pending 30-Apr-2020 000000000
EP-3508506-A1 Method for cellulose derivatization Pending 29-Dec-2017 000000000 0
US-20190173312-A1 Utility usage classification Pending 05-Dec-2017 H02J9/002
To view Fortum’s complete patent history, request access »

Fortum Executive Team (42)

Name Title Board Seat Contact Info
Markus Rauramo Chief Executive Officer, President & Member of the Executive Management Team
Sanjay Aggarwal President, Fortum India
Bernhard Gunther Ph.D Chief Financial Officer, Finance
Heli Antila Chief Technology Officer & Vice President, Biobased Solutions
Steve Hawes Director, Business Development
You’re viewing 5 of 42 executive team members. Get the full list »

Fortum Board Members (13)

Name Representing Role Since
0000 000000000 Fortum Deputy Chairman of the Board of Directors and Member of the Nomination and Remuneration Committee 000 0000
0000000 00000 Fortum Board Member 000 0000
00000000 00000000 Fortum Board Member 000 0000
000 00000000 Fortum Board Member 000 0000
000000 000000000 Fortum Vice President, Power Solutions 000 0000
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Fortum Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Fortum Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Fortum Investments & Acquisitions (66)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 17-Aug-2020 000000000 Energy Production 000000 00
000000 00000 10-Jun-2020 0000000000 Energy Production
000000 08-May-2020 0000000000 00.000 Energy Production 00000 000
000000000 16-Jan-2020 0000000000 Industrial Chemicals
Fortum Nordkraft Vind 27-May-2019 Joint Venture Energy Production 000000 00
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Fortum Subsidiaries (8)

Company Name Industry Location Founded
Hiven Other Energy Services Helsinki, Finland 2021
000000 Energy Production Dusseldorf, Germany 0000
000000 Alternative Energy Equipment Stockholm, Sweden 0000
000000 00000000 00 Corporate Pension Stockholm, Sweden 0000
000000 00000 Energy Production Tartu, Estonia 0000
You’re viewing 5 of 8 subsidiaries. Get the full list »

Fortum Exits (19)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000000 0000 0000 04-Aug-2017 00000 0000000 Completed
  • 2 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
Vorguteenus Valdus 14-Jul-2014 Merger/Acquisition Completed
You’re viewing 5 of 19 exits. Get the full list »