Fortum Oyj (FOJCY) Q1 2026 Earnings Name Transcript

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Fortum Oyj (FOJCY) Q1 2026 Earnings Name April 29, 2026 4:00 AM EDT

Firm Individuals

Ingela Ulfves – Vice President of Investor Relations & Monetary Communications
Markus Rauramo – President & CEO
Tiina Tuomela – Chief Monetary Officer

Convention Name Individuals

Harry Wyburd – BNP Paribas, Analysis Division
Ajay Patel – Goldman Sachs Group, Inc., Analysis Division
James Model – Deutsche Financial institution AG, Analysis Division
Artem Beletski – SEB, Analysis Division
Ingo Becker – Kepler Cheuvreux, Analysis Division
Louis Boujard – ODDO BHF Company & Markets, Analysis Division
Robert Pulleyn – Morgan Stanley, Analysis Division
Julius Nickelsen – BofA Securities, Analysis Division
Wierzbicka Serwinowska – UBS Funding Financial institution, Analysis Division
Pierre-Alexandre Ramondenc

Presentation

Ingela Ulfves
Vice President of Investor Relations & Monetary Communications

Good morning, everybody. A heat welcome to Fortum’s joint webcast and information convention on our first quarter 2026 outcomes. My title is Ingela Ulfves, and I am heading the Investor Relations at Fortum. As at all times, there will likely be — this occasion is being recorded, and there will likely be a replay on the web site later right this moment.

With me right here within the studio are our CEO, Markus Rauramo; and our CFO, Tiina Tuomela. They’ll current the group’s monetary and operational efficiency for the primary quarter. Now let’s go to our displays, after which we are going to take your questions within the Q&A session.

So with this, I hand over to you, Markus, to start out.

Markus Rauramo
President & CEO

Thanks very a lot, Ingela. A heat welcome to this name additionally from my aspect. I’ll begin by going by way of the important thing components of our highlights and our monetary efficiency, then say a few phrases concerning the market improvement. After that, Tiina will present extra particulars on the financials and the way the operational efficiency was our outcomes.

Let me now begin with the highlights. Beginning with achieved energy value. In

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