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Fortum

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Reuters - 2 weken geleden

Fortum Signs First Green Loan Under Its Green Finance Framework

BRIEF-Fortum Signs First Green Loan Under Its Green Finance Framework June 5 (Reuters) - Fortum Oyj FORTUM.HE : FORTUM SIGNS ITS FIRST GREEN LOAN UNDER ITS GREEN FINANCE FRAMEWORK LOAN PARTLY REFINANCES A CURRENT LOAN OF EUR 700 MILLION OF WHICH FORTUM WILL PREPAY EUR 400 MILLION IN JUNE EUR 300 MILLION GREEN LOAN IS GRANTED BY OP CORPORATE BANK PL
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Reuters - 2 weken geleden

Fortum Battery Recycling And Marubeni Corpo­Ration Sign MoU

BRIEF-Fortum Battery Recycling And Marubeni Corpo­Ration Sign MoU June 3 (Reuters) - Fortum Oyj FORTUM.HE : FORTUM BATTERY RECYCLING OY AND MARUBENI CORPO­RATION SIGN MOU Further company coverage: FORTUM.HE (Gdansk Newsroom)
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Reuters - 3 weken geleden

Fortum Says Loviisa Nuclear Power Plant Low-Pressure Turbines To Be Modernised

BRIEF-Fortum Says Loviisa Nuclear Power Plant Low-Pressure Turbines To Be Modernised May 29 (Reuters) - Fortum Oyj FORTUM.HE : LOVIISA NUCLEAR POWER PLANT LOW-PRESSURE TURBINES TO BE MODERNISED, INCREASING CAPACITY BY APPROXIMATELY 38 MW IT IS ESTIMATED THAT INVESTMENTS RELATED TO LIFETIME EXTENSION WILL AMOUNT TO APPROXIMATELY ONE BILLION EUROS BY 2050 OVER PAST FIVE YEARS, FORTUM HAS INVESTED APPROXIMATELY 200 MILLION EUROS IN REFURBISHING LOVIISA POWER PLANT.
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Reuters - 4 weken geleden

Europe stock pickers go old-school to ride the next wave in AI

ANALYSIS-Europe stock pickers go old-school to ride the next wave in AI AI theme still a hot topic in Europe Region's need for data centres in focus Utilities could benefit from higher power demand Infotech firms adopting tech stand out By Lucy Raitano LONDON, May 22 (Reuters) - European stock pickers are turning to more established sectors like utilities, professional data providers and even copper miners to tap into the next wave of the AI boom, a year after AI chipmaker Nvidia's NVDA.O emerge
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Reuters - 4 weken geleden

Ascential, Cellnex, Wise

EUROPE RESEARCH ROUNDUP- Ascential, Cellnex, Wise May 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Ascential, Cellnex and Wise on Tuesday. HIGHLIGHTS * Ascential ASCL.L : Berenberg re-initiates coverage with buy rating; target price 395p * Burberry BRBY.L : Barclays cuts target price to 1090p from 1340p * Cellnex CLNX.MC : Berenberg raises to buy from hold * Trainline TRNT.L : Deutsche Bank initiates coverage with buy rating a
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Reuters - 4 weken geleden

Moscow takes control over assets of Western companies

FACTBOX-Moscow takes control over assets of Western companies Adds AgroTerra, Commerzbank, Deutsche Bank, JPMorgan, UniCredit, Rolf; updates Danone May 20 (Reuters) - Kremlin has been seizing assets of some Western companies in Russia through decrees signed by President Vladimir Putin and court orders related to lawsuits over halted projects or blocked funds amid Western sanctions.
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Reuters - 4 weken geleden

Top of the Street: Roche, Inditex, Lanxess, Fortum

BUZZ-Top of the Street: Roche, Inditex, Lanxess, Fortum A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Jefferies cuts German chemicals maker Lanxess LXSG.DE to "underperform" from "hold", citing a too-high financial risk related to its debt ** Morgan Stanley downgrades UK-based online car marketplace Auto Trader Group AUTOA.L to "underweight" from "equal-weight", saying the "Deal Builder" service is not driving meaningful growth for another 1-2 years **
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Reuters - 4 weken geleden

Britvic, Energean, Pandora

EUROPE RESEARCH ROUNDUP- Britvic, Energean, Pandora May 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Britvic, Energean and Pandora, on Thursday. HIGHLIGHTS * Britvic Plc BVIC.L : Peel Hunt raises target price to 1100p from 1000p * Energean Plc ENOG.L : Jefferies raises target price to 1,350p from 1,250p * Pandora PNDORA.CO : Citigroup raises target price to DKK 1330 from DKK 1255 * Surgical Science Sweden AB SUSW.ST : Berenbe
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Reuters - 1 maand geleden

Ceres Power Holdings, Spirent Communications, Workspace

EUROPE RESEARCH ROUNDUP-Ceres Power Holdings, Spirent Communications, Workspace May 3 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Ceres Power Holdings, Spirent Communications and Workspace, on Friday. HIGHLIGHTS * 3I Group Plc III.L : Barclays raises target price to 3050p from 2815p * Ceres Power Holdings Plc CWR.L : Peel Hunt cuts target price to 500p from 550p * Iomart Group Plc IOMG.L : Deutsche Bank initiates coverage with
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Reuters - 1 maand geleden

Fortum Sells Ownership In 185-MW Indian Solar Portfolio

BRIEF-Fortum Sells Ownership In 185-MW Indian Solar Portfolio May 3 (Reuters) - Fortum Oyj FORTUM.HE : FORTUM SELLS ITS OWNERSHIP IN THE 185-MW INDIAN SOLAR PORTFOLIO AND CONSIDERS ALTERNATIVES FOR ITS REMAINING OPERATIONS IN INDIA SIGNED AN AGREEMENT TO SELL REMAINING 43.75% SHARE OF ITS INDIAN SOLAR POWER PORTFOLIO TO GENTARI RENEWABLES INDIA PTE. LTD.
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Reuters - 2 maanden geleden

Adidas, HSBC, Renishaw

EUROPE RESEARCH ROUNDUP-Adidas, HSBC, Renishaw May 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adidas, HSBC and Renishaw on Wednesday. HIGHLIGHTS * Adidas AG ADSGn.DE : Wedbush raises target price to EUR 233 from EUR 200 * Darktrace DARK.L : HSBC raises target price to 620p from 540p * Essity AB (Publ) ESSITYb.ST : HSBC resumes with buy rating; price target SEK 330 * HSBC HSBA.L : Berenberg raises target price to 830p from 80
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Reuters - 2 maanden geleden

'Magnitude' of Q1 beat boosts Fortum shares

BUZZ-'Magnitude' of Q1 beat boosts Fortum shares ** Fortum FORTUM.HE shares rise 3% after the Finnish utility delivered a 18% beat on comparable operating profit ** Its Q1 comparable operating profit was EUR 530 million ($567 million), while Vara consensus had seen EUR 451 million ** J.P. Morgan says the share move is driven by "the magnitude of th
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Reuters - 2 maanden geleden

Finnish utility Fortum Q1 profit falls less than expected

UPDATE 2-Finnish utility Fortum Q1 profit falls less than expected Adds forward power sales prices and volumes in 5th paragraph, background in paragraphs 4,6,7 HELSINKI, April 30 (Reuters) - Finnish utility Fortum FORTUM.HE reported on Tuesday a smaller-than-expected drop in January-March operating profit and said it will continue to cut costs this year.
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Reuters - 2 maanden geleden

Finnish utility Fortum Q1 profit beats forecast

Finnish utility Fortum Q1 profit beats forecast HELSINKI, April 30 (Reuters) - Finnish utility Fortum FORTUM.HE reported on Tuesday a smaller-than-expected drop in January-March operating profit and said it will continue to cut costs this year. Reporting by Anne Kauranen, editing by Terje Solsvik
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Reuters - 2 maanden geleden

Fortum Keeps Outlook For 2024 Unchanged

BRIEF-Fortum Keeps Outlook For 2024 Unchanged April 30 (Reuters) - Fortum Oyj FORTUM.HE : LOWER NORDIC SPOT POWER PRICE IS REFLECTED IN OUR FIRST-QUARTER RESULTS ACHIEVED POWER PRICE WAS AT A GOOD LEVEL BUT SIGNIFICANTLY LOWER THAN A YEAR AGO FIRST-QUARTER ACHIEVED PRICE WAS SUPPORTED BY A STRONG, DOUBLE-DIGIT, OPTIMISATION PREMIUM ABOVE ANNUAL GUI
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Reuters - 2 maanden geleden

Nordic corporate earnings week ahead

DIARY-Nordic corporate earnings week ahead April 26 (Reuters) - Diary of Nordic (OMXS30-SK, OBX-OS, OMXHPI-HE, OMXC20) corporate earnings for the week ahead NORDIC EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 30-Apr-2024 NTS TEL.OL Telenor ASA Q1 2024 Telenor ASA Earnings Release 30-Apr-2024 BMO KOG.OL Kongsberg Gruppen ASA Q1 2024 Kongsberg Gruppen ASA Earnings Release 03-May-2024 05:00 ORK.OL Orkla ASA Q1 2024 Orkla ASA Earnings Release Start Date Start Time (GMT) RIC Compa
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Reuters - 2 maanden geleden

Putin urges restraint in state seizure of assets

Putin urges restraint in state seizure of assets This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, April 25 (Reuters) - Russian President Vladimir Putin has reminded prosecutors that seizing assets and turning them over to state ownership is only justified in cases where failing to act might jeopardise Russia's national security.
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Reuters - 2 maanden geleden

Fortum, Vargön Alloys Sign Five-Year Power Purchase Agreement

BRIEF-Fortum, Vargön Alloys Sign Five-Year Power Purchase Agreement April 17 (Reuters) - Fortum Oyj FORTUM.HE : FORTUM AND VARGÖN ALLOYS SIGN A FIVE-YEAR POWER PURCHASE AGREEMENT PPA WITH PROGRESSIVE PRICING FOR DELIVERY OF ABOUT 0.4 TWH OF ELECTRICITY AND GUARANTEES OF ORIGIN FOR NUCLEAR POWER PER ANNUM IN SWEDEN Source text for Eikon: [ID:] Fur
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Reuters - 2 maanden geleden

Fortum To Modernise Hydropower Plant In Sweden

BRIEF-Fortum To Modernise Hydropower Plant In Sweden April 17 (Reuters) - Fortum Oyj FORTUM.HE : FORTUM TO MODERNISE 110-YEAR-OLD MALTA HYDROPOWER PLANT IN SWEDEN INVESTMENT IS ABOUT EUR 20 MILLION Source text for Eikon: [ID:] Further company coverage: FORTUM.HE (Gdansk Newsroom)
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Reuters - 2 maanden geleden

Russia seizes assets of agricultural firm AgroTerra

UPDATE 1-Russia seizes assets of agricultural firm AgroTerra Adds AgroTerra comment in paragraphs 4-5, detail in paragraph 7 MOSCOW, April 9 (Reuters) - Russia has seized companies belonging to agricultural firm AgroTerra and placed them under temporary management, including some backed by Dutch investment firms, a decree signed by President Vladimir Putin showed late on Monday.
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