Fortum Oyj operates within the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Fortum Oyj with three other
electric utilities in Europe:
GK TNS energo PAO
sales of 206.96 billion Russian Rubles [US$3.32 billion]
Drax Group PLC
of the United Kingdom
(£3.07 billion [US$3.77 billion]
of which 58%
was Generation), and
MVV Energie AG
based in Germany
(3.42 billion Euro [US$3.76 billion]
of which 62%
was Sales and Services).
During the year ended December of 2015, sales at
Fortum Oyj were 3.46 billion Euro (US$3.80 billion).
decrease of 27.2%
versus 2014, when the company's sales were 4.75 billion Euro.
Contributing to the drop in overall sales was the 63.7% decline
in Distribution, from 735.00 million Euro to 267.00 million Euro.
There were also decreases in sales in
Generation (down 20.9% to 1.64 billion Euro)
City Solutions (down 7.6% to 1.20 billion Euro)
Russia (down 15.4% to 893.00 million Euro)
However, these declines were partially offset by the increase in sales of
Other Operations (up 200.0% to 39.00 million Euro)