Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Fortum Oyj    FORTUM   FI0009007132

FORTUM OYJ (FORTUM)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Uniper says Fortum bid not welcome, not in discussions

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/20/2017 | 05:56pm CEST

FRANKFURT (Reuters) - German energy company Uniper (>> Uniper SE), whose biggest shareholder is E.ON (>> E.ON), on Wednesday said it had not invited a bid by Finnish state-controlled peer Fortum (>> Fortum Oyj).

FRANKFURT (Reuters) - German energy company Uniper (>> Uniper SE), whose biggest shareholder is E.ON (>> E.ON), on Wednesday said it had not invited a bid by Finnish state-controlled peer Fortum (>> Fortum Oyj).

"This unsolicited takeover offer is clearly not in line with the strategy of Uniper as recently reiterated publicly," Uniper chief executive Klaus Schaefer said in a statement.

Uniper said it was not in discussions with Fortum or E.ON about the matter.

Separately, Fortum CEO Pekka Lundmark in a call with reporters said the move was "not a takeover but an investment."

(This version of the story corrects to show E.ON is biggest shareholder in Uniper, not majority owner. Fixes spelling of Fortum in first reference.)

(Reporting by Vera Eckert; Editing by Arno Schuetze and Tom Pfeiffer)

Stocks treated in this article : Fortum Oyj, E.ON, Uniper SE
Stocks mentioned in the article
ChangeLast1st jan.
E.ON -0.20% 9.646 Delayed Quote.6.99%
FORTUM OYJ -0.46% 21.68 Delayed Quote.32.24%
UNIPER SE 0.00% 26.31 Delayed Quote.1.42%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FORTUM OYJ
07/19FORTUM OYJ : seeks new start with Uniper, CFO to join supervisory board
RE
07/19FORTUM'S JANUARY-JUNE 2018 HALF-YEAR : Uniper transaction closed – improve..
PU
07/19FORTUM'S JANUARY-JUNE 2018 HALF-YEAR : Uniper transaction closed - improved resu..
AQ
07/18FORTUM OYJ : Plugsurfing puts Jaguar and Land Rover drivers on the road to easie..
PU
07/16FORTUM OYJ : half-yearly earnings release
07/14FORTUM OYJ : Competition Council allows Fortum Latvia to take over 3 heating uti..
AQ
07/14FORTUM OYJ : Latvia power and heating utility raises turnover 0.6% in 2017
AQ
07/11FORTUM OYJ : and Svenska Kraftnät successfully tested the suitability of electri..
AQ
07/08INDIAN OIL : IOCL, Fortum India draw up plan for 50 electric vehicle charging po..
AQ
07/07FORTUM OYJ : Softbank, Sprng and Ayana lowest bidders in 750MW Andhra Pradesh so..
AQ
More news
News from SeekingAlpha
07/19Fortum Oyj ADR 2018 Q2 - Results - Earnings Call Slides 
07/19Fortum's (FOJCF) CEO Pekka Lundmark on Q2 2018 Results - Earnings Call Transc.. 
07/19Fortum Oyj reports 2Q18 results 
04/27Fortum's (FOJCF) CEO Pekka Lundmark on Q1 2018 Results - Earnings Call Transc.. 
04/26Fortum Oyj 2018 Q1 - Results - Earnings Call Slides 
Financials (€)
Sales 2018 5 114 M
EBIT 2018 1 015 M
Net income 2018 881 M
Debt 2018 4 621 M
Yield 2018 4,96%
P/E ratio 2018 21,51
P/E ratio 2019 18,45
EV / Sales 2018 4,72x
EV / Sales 2019 4,68x
Capitalization 19 500 M
Chart FORTUM OYJ
Duration : Period :
Fortum Oyj Technical Analysis Chart | FORTUM | FI0009007132 | 4-Traders
Technical analysis trends FORTUM OYJ
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 24
Average target price 19,7 €
Spread / Average Target -9,8%
EPS Revisions
Managers
NameTitle
Pekka Ilmari Lundmark President & Chief Executive Officer
Matti Juhani Lievonen Chairman
Markus Heikki Erdem Rauramo Chief Financial Officer
Heinz-Werner Binzel Independent Director
Kim Juhani Ignatius Director
Sector and Competitors
1st jan.Capitalization (M$)
FORTUM OYJ32.24%22 748
DUKE ENERGY CORP-3.46%56 536
IBERDROLA3.31%49 993
SOUTHERN COMPANY-1.12%48 204
DOMINION ENERGY-11.18%45 927
EXELON CORPORATION7.18%40 469