EnergyWatch

Fortum delivers fine growth

Finnish utility Fortum grew its second quarter adjusted operating result by 32 percent compared to the same period last year and thus exceeded analysts' expectations.

Photo: INTS KALNINS/REUTERS / X02120

Finnish utility Fortum benefited from higher prices and increased generation from its hydroelectric and nuclear power plants, Fortum notes in its H1 interim report.

The report reveals that the company landed an adjusted operating result of EUR 372 million during the period.

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