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Last $3.47 USD
Change Today -0.02 / -0.57%
Volume 2.4K
FOJCY On Other Exchanges
As of 8:10 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

fortum oyj-unsponsored adr (FOJCY) Snapshot

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52 Week High
07/2/14 - $5.35
52 Week Low
07/1/15 - $3.46
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fortum oyj-unsponsored adr (FOJCY) Details

Fortum Oyj, together with its subsidiaries, engages in the generation, distribution, and sale of electricity and heat; and provision of energy-related expert services in the Nordic countries, the Russian Federation, and the Baltic Rim area. The company operates in four segments: Power and Technology; Heat, Electricity Sales, and Solutions; Russia; and Distribution. It is involved in hydro, nuclear, and thermal power generation; power solutions with expert services; and portfolio management and trading activities. The company also engages in the combined heat and power production, district heating and cooling activities, and business to business heating solutions, solar business, and electricity sales and related customer offerings; and power and heat generation, as well as heat distribution activities in Russia. In addition, it owns and operates distribution and regional networks. The company serves 0.9 million electricity distribution customers in Sweden; and 1.3 million private and business customers in the Nordic countries. Fortum Oyj is headquartered in Espoo, Finland.

7,977 Employees
Last Reported Date: 04/29/15

fortum oyj-unsponsored adr (FOJCY) Top Compensated Officers

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Executives, Board Directors

fortum oyj-unsponsored adr (FOJCY) Key Developments

CNNC Reportedly May Bid For Slovenske Elektrarne

China National Nuclear Corporation (CNNC) may participate in bidding for Slovenské Elektrárne A.S. Reporters learnt that CNNC has invited financial advisor and kicking off due diligence investigation. CNNC is uncertain whether to bid through China National Nuclear Power Co., Ltd. (SHSE: 601958). Enel SpA (BIT:ENEL) plans to sell stake in Slovenské Elektrárne and additionally plans to sell off assets worth €5 billion within five years to reduce debts. So far, ENEL has received three offers from Energeticky a Prumyslovy Holding, a.s., Fortum Oyj (HLSE:FUM1V) and consortium from Hungary.

Fortum Nominates Anne-Malorie Géron as Vice President, EU Affairs, Effective August 17, 2015

Anne-Malorie Géron has been nominated Vice President, EU Affairs at Fortum as of 17 August, 2015. The position is new and she will be located in Brussels. Géron will report to Esa Hyvärinen, Senior Vice President, Corporate Relations. Prior to her appointment Géron has been working for EURELECTRIC, for 17 years in various managerial positions. Since 2014 she has been the Head of Energy Policy and Generation in EURELECTRIC. In this position, one of her main tasks was to influence the development of an EU governance model that aims at more streamlined, consistent and cost-effective policy-making.

Fortum Corporation Provides Capex Guidance for the Year 2015

Fortum Corporation provided capex guidance for the year 2015. For the year, the company expects capex estimate of approximately EUR 0.8 billion for the continuing operations, including, the rest of the Russian capex for the investment program, and likewise, including the what it said EUR 300 million to EUR 350 million maintenance capex levels that it has now have from continuing operations.


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FOJCY Competitors

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CEZ AS 562.10 CZK -5.90
EDP - Energias de Portugal SA €3.42 EUR +0.014
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RusHydro JSC 0.55 RUB -0.0017
Polskie Gornictwo Naftowe i Gazownictwo SA 6.55 PLN -0.05
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Valuation FOJCY Industry Range
Price/Earnings 4.7x
Price/Sales 3.2x
Price/Book 1.4x
Price/Cash Flow 8.3x
TEV/Sales 0.8x

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