contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Analyst

Juha Kinnunen

Fortum is active in the energy sector. In addition to the provision of electricity, a number of technical solutions are offered in heat optimization as well as apps that are used to keep track of energy consumption. The company also provides charging stations for electric cars. The largest activity is found around the Nordic market. The company was founded in 1998 and is headquartered in Espoo.

News Powered by Cision              Vedyntuotanto alkanut Fortumin Kallan koelaitoksella Loviisassa    FORTUM OYJ LEHDISTÖTIEDOTE 18.12.2026  Fortum on aloittanut Kallan koelaitoksella                             Fortum has started the commissioning of the first phase of the electrolysis equipment at the Kalla pilot plant and produced hydrogen for the first time. The pilot plant, located in Loviisa, is expected to be fully operational in spring 2026. Fortum is committed to promoting the electrification of the Nordic countries, and the Kalla pilot plant contributes to this development. Fortum is investigating the prerequisites for hydrogen production in phases. Kalla will pilot the technical capabilities and commercial viability of hydrogen production, which will serve as lessons for potential larger projects serving industrial customers. Two electrolyser technologies under test In Kalla, hydrogen is produced by electrolysis, where water is split into hydrogen and oxygen using fossil-free electricity. Hydrogen acts as an energy carrier, enabling energy storage and transfer without carbon dioxide emissions. This makes it a valuable solution in sectors where direct electrification is not possible. Two electrolyser technologies are being tested at the pilot plant, which will be commissioned in phases:  1 MW alkaline electrolyser from Stargate Hydrogen 0.75 MW PEM electrolyser from Hystar  Operating both systems under real operating conditions will provide valuable information on their efficiency, flexibility, safety, and scalability. Hydrogen to be delivered to an industrial customer The Kalla pilot plant will operate until 2028 as a learning and development project, through which we will gain experience in the project planning and implementation of hydrogen plants before committing to potential larger-scale commercial projects. The lessons learned from Kalla will also influence the development of future customer solutions. The hydrogen produced in Kalla will be delivered to P2X Solutions Oy in accordance with the sales agreement signed in June. Some of the hydrogen will also be utilised in research and development activities and at Fortum’s Loviisa nuclear power plant.

Kemijoki Oy – 10 Dec 25              Kemijoki Oy:n Ailangantunturin pumppuvoimalaitoshanke EU:n yhteisen edun...    Euroopan komissio on myöntänyt joulukuussa 2025 Kemijärvelle suunnitellulle Ailangantunturin pumppuvoimalaitoshankkeelle poikkeuksellisen ja strategisesti tärkeän Euroopan unionin yhteisen edun aseman.                             Here’s an article from the river company’s own website about its inclusion on the EU list. Quite a few modern buzzwords included. A strategically important project for achieving energy security and carbon neutrality. If the parliament approves the list that includes the project, it is possible to apply for EU funding for this. And if it goes through, the projects will benefit from accelerated permitting procedures and regulatory processes.

I have often come across similar comments regarding Fortum. Meaning, they buy when it drops to a certain level (usually a drop of about -10-15%). In my opinion, such behavior indicates a widespread willingness to own the stock. Therefore, I will continue to hold my shares. I’ll leave stock speculation to more talented people.

Q4 will be weak. Will this share price level hold?                   Yle Uutiset – 10 Dec 25              Ennuste: pörssisähkö on halpaa tänä talvena – vertaa pörssisähkön ja kiinteän...    Uusi Aurora-voimajohto Ruotsista Suomeen tasoittaa sähkön hintavaihteluita.

Fortum thus owns over 60% of Kemijoki Oy’s hydropower shares. In total, 1250 MW of pumped-hydro power is under development in this area. These pumped-hydro power plants are by no means a straightforward matter, as power companies have severely impacted the riverbanks of the area and are still struggling to rectify the problems they caused.                   Talouselämä – 10 Dec 25              Jättimäisestä sähköhankkeesta merkittävä uusi tieto    Kemijoelle kaavailtu pumppuvoimalaitos olisi toteutuessaan lajissaan Suomen ensimmäinen. Yhtiö tiedottaa edistysaskeleesta.                                               Yle Uutiset – 22 Mar 25              Kemijärven pumppuvoimalat kuumentavat tunteita – mielenosoittajat: ”Nyt on...    Kemijärvellä vastustettiin tänään pumppuvoimaloita, joiden pelätään muuttavan alueen luontoa merkittävästi. Puolustajat ovat korostaneet taloudellisia hyötyjä ja verotuloja.

And the troubles continue…. Sweden’s Oskarshamn 3 nuclear reactor is out of operation from December 11-20 to check for anomalies in process water flow, operator OKG, owned by Uniper and Fortum, announced on Tuesday.

He was elected CEO of Enento about a week ago. Hopefully, he intends to transfer the Fortum money into his new employer’s shares (irresponsible speculation).

Fortum

Fortum announced yesterday that it had reached an agreement with the German State on the nationalization of Uniper. Fortum will recover its EUR 8 billion financing for Uniper (loan and guarantee...

<p>Fortum announced yesterday that it had reached an agreement with the German State on the nationalization of Uniper. Fortum will recover its EUR 8 billion financing for Uniper (loan and guarantee) and gain EUR 0.5 billion from its Uniper holding. Even though the Uniper adventure was extremely expensive, the Fortum that hatches from the solution has a relatively attractive profile and with the current electricity market outlook the balance sheet will recover quite quickly. Of course, there are still risks: final separation from Uniper, exit from Russia, windfall taxes and the sustainability of high electricity prices. </p> 

	2021	22e	23e
Revenue	112,400.0	8,408.8	9,596.0
growth-%	129.3 %	-92.5 %	14.1 %
EBIT (adj.)	2,536.0	1,571.5	2,479.8
EBIT-% (adj.)	2.3 %	18.7 %	25.8 %
EPS (adj.)	2.00	-3.75	1.94
Dividend	1.14	0.00	0.00
Dividend %	4.2 %
P/E (adj.)	13.5	neg.	9.2
EV/EBITDA	47.2	9.9	6.9

Fortum: Back to the past

Key Estimate Figures2022-09-22

Forum discussions