Post by Fortum

Our Interim Report January-March 2026 is now published. Fortum achieved good first-quarter results due to strong power prices and increased hydro power generation. The positive effect of increased spot prices was partly offset by a high hedge ratio. The achieved power price was higher than a year ago, at 62.5 EUR/MWh, supported by a strong double-digit optimisation premium. “Despite uncertainty in the operating environment, we continue to see robust underlying customer demand from various industrial sectors, which in our view reflects the long-term power demand growth.” says Fortum President & CEO Markus Rauramo Read more: https://lnkd.in/dqeBfEwJ