Brief: Fortum Proposes Dividend Of EUR 0.74 Per Share

Fortum Oyj

03/02/2026 07:06

Feb 3 (Reuters) - Fortum Oyj FORTUM.HE:

Q4 SALES EUR 1,444 MILLION VERSUS. ESTIMATE EUR 1,445.5 MILLION

Q4 ADJUSTED FREE CASH FLOW EUR 53 MILLION

Q4 EBIT EUR 305 MILLION VERSUS. ESTIMATE EUR 281.7 MILLION

Q4 EPS EUR 0.27

Q4 ADJUSTED EBITDA EUR 336 MILLION VERSUS. ESTIMATE EUR 374 MILLION

Q4 ADJUSTED EBIT EUR 251 MILLION VERSUS. ESTIMATE EUR 280.7 MILLION

PROPOSES DIVIDEND OF EUR 0.74 (1.40) PER SHARE

GENERATION SEGMENT'S ESTIMATED NORDIC GENERATION HEDGES: ABOUT 75% AT EUR 41 PER MWH FOR 2026 AND ABOUT 55% AT EUR 40 PER MWH FOR 2027

FOR 2026, OPTIMISATION PREMIUM IS EXPECTED TO BE 8-10 EUR/MWH, AND FOR 2027 ONWARDS 6-8 EUR/MWH

2026–2030 CAPEX OUTLOOK EUR APPROXIMATELY EUR 2.0 BILLION EXCLUDING ACQUISITIONS

GENERATION SEGMENT'S ESTIMATED NORDIC GENERATION HEDGES: ABOUT 75% AT EUR 41 PER MWH FOR 2026 AND ABOUT 55% AT EUR 40 PER MWH FOR 2027

2026-2030 GROWTH CAPEX OUTLOOK APPROXIMATELY EUR 750 MILLION IN TOTAL

IN 2025, NORDIC POWER MARKET WAS CHARACTERISED BY CONTINUED STRONG PRICE VOLATILITY

2026-2030 MAINTENANCE CAPEX OUTLOOK EUR 250 MILLION PER YEAR

FOR 2026, TOTAL COMMITTED CAPITAL EXPENDITURE IS EXPECTED TO BE APPROXIMATELY EUR 550 MILLION EXCLUDING ACQUISITION

NORDIC POWER DEMAND REMAINED UNCHANGED COMPARED TO 2024, PRIMARILY SUSTAINED BY NON-INDUSTRIAL CONSUMPTION, WHILE ELECTRICITY EXPORTS FROM NORDIC REGION SAW A SLIGHT DECREASE

Source text: ID:nWkr2j3RXm

Further company coverage: FORTUM.HE

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