Brief: Fortum Says Energy Demand In The Quarter Remained At Same Level Yoy

Fortum Oyj

29/10/2025 07:10

Oct 29 (Reuters) - Fortum Oyj FORTUM.HE:

FORTUM Q3 ADJUSTED FREE CASH FLOW EUR 131 MILLION

FORTUM Q3 EBIT EUR 60 MILLION

FORTUM Q3 SALES EUR 929 MILLION VERSUS. ESTIMATE EUR 925 MILLION

FORTUM Q3 EPS EUR 0.06

FORTUM Q3 ADJUSTED EBIT EUR 97 MILLION

FORTUM Q3 ADJUSTED EBITDA EUR 175 MILLION

FORTUM JANUARY-SEPTEMBER 2025 INTERIM REPORT: SOLID ACHIEVED POWER PRICE BUT LOW GENERATION VOLUMES

FOR 2025, THE ANNUAL OPTIMISATION PREMIUM INCLUDED IN THE ACHIEVED POWER PRICE FOR THE WHOLE OUTRIGHT PORTFOLIO IS ESTIMATED TO BE APPROXIMATELY 10 EUR/MWH (PREVIOUSLY 7–9 EUR/MWH)

Q3 IS TYPICALLY A QUARTER WITH SEASONALLY LOWER POWER PRICES AND VOLUMES

SPOT PRICES IN Q3 WERE NOTABLY HIGHER THAN LAST YEAR DUE TO LOWER HYDRO RESERVOIR LEVELS, NUCLEAR AVAILABILITY AND WIND SPEEDS

NORDIC ENERGY DEMAND IN QUARTER WAS AT SAME LEVEL AS LAST YEAR

AFTER SHOWING SIGNS OF RECOVERY EARLIER THIS YEAR, INDUSTRIAL DEMAND EXPERIENCED A SLOWDOWN, PARTICULARLY IN SWEDEN

OUR Q3 COMPARABLE RESULT WAS AFFECTED BY DECLINE IN GENERATION SEGMENT'S RESULT MAINLY DUE TO LOWER GENERATION VOLUMES BUT ALSO DUE TO LOWER HEDGE PRICES

FINANCIAL POSITION REMAINS STRONG WITH FINANCIAL NET DEBT OF EUR 1.3 BILLION AND A LEVERAGE RATIO OF 1.0 TIMES AT END OF Q3

Source text: ID:nWkr4zYZZR

Further company coverage: FORTUM.HE

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