Fortum Q2 operating profit drops 13.46% to EUR 90 million; net sales rise 15.4% to EUR 1.12 billion

Reuters2026/07/21 06:05

By:Reuters

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Fortum Q2 comparable operating profit fell 7.83% to EUR 106 million, hit by a lower achieved power price.
Net profit rose 4.81% to EUR 109 million; net sales climbed 15.4% to EUR 1.12 billion.
Cash flow from operating activities jumped 59.61% to EUR 324 million, while comparable EBITDA slipped 3.14% to EUR 185 million.
Fortum plans a recommended, conditional voluntary cash tender offer for Norway’s electricity retailer Elmera Group to scale its Consumer Solutions business.
Outlook update: 2026 nuclear generation volumes seen at 23.0-23.5 TWh; Nordic generation hedges about 80% at EUR 40/MWh for rest of 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortum Oyj published the original content used to generate this news brief via Cision (Ref. ID: 20260721:BIT:0520:0) on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Fortum Q2 operating profit drops 13.46% to EUR 90 million; net sales rise 15.4% to EUR 1.12 billion

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