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Finnish utility Fortum's Q2 profit lags estimates

Finnish utility Fortum's Q2 profit lags estimates

- Finnish utility Fortum FORTUM.HE reported a second-quarter operating profit below expectations on Tuesday, due to lower achieved power price.

Fortum's comparable operating profit fell to €106 million ($121.02 million) in the April to June period from a year earlier €115 million, against a median forecast of €122 million in a poll provided by the company.


($1 = 0.8759 euros)


(Reporting by Elviira Luoma, editing by Terje Solsvik)

((Elviira.luoma@thomsonreuters.com; +48 58 769 66 46))

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