Fortum Oyj (OTCPK:FOJCY)

$ 2.86 -0.08 (-2.72%) Market Cap: 12.83 Bil Enterprise Value: 14.41 Bil PE Ratio: 9.66 PB Ratio: 1.48 GF Score: 69/100

Fortum Oyj Capital Markets Day (Virtual) Transcript

Dec 03, 2020 / 11:00AM GMT

Release Date Price: $4.58

Transcript

Ingela Ulfves

Fortum Oyj - VP of IR & Financial Communications

Ladies and gentlemen, a warm welcome to the 2020 Capital Markets Days of Fortum Group. My name is Ingela Ulfves, and I'm the Head of Investor Relations, and I will be the moderator of today's sessions.

We would very much have liked to interact with you all in person. But at present, this is obviously not possible due to the corona restrictions. Instead, we will host our first virtual Capital Markets Days and are pleased that with this new format, many more than usual are able to participate. Warmly welcome.

Today, we will present the details of our updated strategy that we announced this morning over the stock exchange release. For the first time, the strategy will cover the entire Fortum Group, including Uniper, which we have consolidated as a strategic subsidiary and our fifth segment since spring this year.

For the good order's sake, I also want to note that there are disclaimers included in the presentations that are related to the cooperation between Fortum and Uniper. I'm very pleased to now introduce

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