Business Summary: Fortum Oyj is a Finland-based energy company. The Company provides its customers with electricity, gas, heating and cooling services.Fortum Oyj has three business reporting segments: Generation, Consumer Solutions and Other Operations. The Generation segment consists of the Hydro Generation, Nuclear Generation, Corporate Customers, Markets and Renewables and Decarbonisation business units. The Consumer Solutions segment includes the Consumer Solutions business unit, which is responsible for offering energy solutions to consumers and small and medium-sized enterprises. The Other operations segment includes the Circular Solutions business comprising the recycling and waste business. The Company operates worldwide.
Financial Summary: BRIEF: For the three months ended 31 March 2025, Fortum Oyj revenues decreased 19% to EUR1.64B. Net income applicable to common stockholders decreased 23% to EUR363M. Revenues reflect Generation segment decrease of 21% to EUR1.03B, Consumer Solutions segment decrease of 14% to EUR999M, Other Operations segment decrease of 92% to EUR9M. Net income also reflects Generation segment income decrease of 19% to EUR441M.