Fortum's Profit Increased – the Sales Agreement with Google Was the Largest in the Company's History
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8 Articles
Fortum's Profit Increased – the Sales Agreement with Google Was the Largest in the Company's History
Data centers will increase the demand for electricity in the future, says Fortum CEO Markus Rauramo.
The net profit of the Finnish energy group Fortum to the parent company rose by 7.9 per cent in the first nine months of 2026 in the year ... . . 28.10.2026, PRIM
According to Fortum CEO Markus Rauramo, “interest in data center projects is at a very high level, and Fortum is in discussions with a wide range of customers.” In September, energy company Fortum signed a 22-year nuclear power purchase agreement with Google. In the company’s interim report published today, Fortum CEO Markus Rauramo says that the Google agreement is the largest sales agreement in Fortum’s history. “This is also the first power p…
Finnish power company Fortum reports an operating profit of EUR 72 million for the third quarter of 2026 (60).
Finnish energy group Fortum reports unexpectedly weak results for the third quarter of the year. But sales revenue is increasing more than expected. Adjusted operating profit rose marginally to 102 million euros, up from 97 million in the corresponding quarter last year. But analysts had expected more. The average forecast was 122 million euros, according to Bloomberg. However, sales revenue was better than expected. It rose to 1.1 billion euros…
Fortum's July–September result was supported by increased nuclear power production volumes, while the Consumer Solutions segment's result weakened from the record level of the comparison period.
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