Brief: Fortum Q2 Adj EBIT At EUR 106 Mln

Fortum Oyj

21/07/2026 07:10

July 21 (Reuters) - Fortum Oyj FORTUM.HE:
Q2 ADJUSTED FREE CASH FLOW EUR 324 MILLION
Q2 EPS EUR 0.12
Q2 EBIT EUR 90 MILLION
Q2 SALES EUR 1,124 MILLION VERSUS. ESTIMATE EUR 1,007 MILLION
Q2 ADJUSTED EBITDA EUR 185 MILLION VERSUS. ESTIMATE EUR 200.5 MILLION
Q2 ADJUSTED EBIT EUR 106 MILLION VERSUS. ESTIMATE EUR 122 MILLION
IN 2026, NUCLEAR GENERATION VOLUMES ARE EXPECTED TO BE IN RANGE OF 23.0-23.5 TWH (PREVIOUSLY: 23.5-24 TWH)
FOR PERIOD OF 2026-2030, FORTUM'S COMMITTED CAPITAL EXPENDITURE IS EXPECTED TO BE APPROXIMATELY EUR 2.0 BILLION
2026-2030 GROWTH CAPEX OF APPROXIMATELY EUR 750 MILLION IN TOTAL
FOR 2026, TOTAL COMMITTED CAPITAL EXPENDITURE IS EXPECTED TO BE APPROXIMATELY EUR 550 MILLION, EXCLUDING ACQUISITIONS
DURING Q2, NORDIC SPOT PRICES MORE THAN DOUBLED COMPARED TO A YEAR AGO
NORDIC POWER DEMAND WAS MARGINALLY ABOVE FIVE-YEAR AVERAGE AND BROADLY IN LINE WITH LAST YEAR'S Q2
IN JUNE, IMPROVED WIND CONDITIONS AND HIGH PRECIPITATION SOFTENED NORDIC WEATHER-DRIVEN FUNDAMENTALS
LOWER ACHIEVED POWER PRICE AND HIGHER FIXED COSTS
ACHIEVED POWER PRICE DECREASED, MAINLY DUE TO LOWER PHYSICAL VALUE CREATION
AT END Q2, APPROXIMATELY 80% OF GENERATION SEGMENT’S ESTIMATED NORDIC POWER SALES VOLUME WAS HEDGED AT 40 EUR/MWH FOR REMAINDER OF 2026
Source text: ID:nWkr2bvBNZ
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