- Fortum’s adjusted operating profit for Q1 was EU462 million, surpassing the estimate of EU379.3 million.
- Sales for the quarter reached EU1.64 billion, slightly under the expected EU1.68 billion.
- The company’s comparable EBITDA was EU538 million, exceeding the estimate of EU461.1 million.
- Operating profit came in at EU470 million, outperforming the forecast of EU387 million.
- Earnings per share (EPS) were reported at EU0.40.
- Current analyst ratings for Fortum include 2 buys, 12 holds, and 8 sells.
A look at Fortum OYJ Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Fortum OYJ, a well-established energy company operating primarily in Northern Europe, is positioned favorably for long-term growth based on its Smartkarma Smart Scores assessment. With strong ratings across key factors, including Value, Dividend, Growth, Resilience, and Momentum, Fortum OYJ is showing promise in various aspects essential for sustained success in the energy sector.
Fortum OYJ‘s impressive scores highlight its attractiveness for investors seeking a company with solid value, a robust dividend policy, potential growth opportunities, resilience in challenging market conditions, and a positive momentum outlook. Investors looking for a reliable energy player with a balanced approach to financial performance and future prospects may find Fortum OYJ an appealing investment choice based on its encouraging Smartkarma Smart Scores assessment.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
