Ingela Ulves
Head of Investor Relations
Replay available
Fortum Oyj Corp Ord (FOJCF) Q1 2026 Earnings Call
Fortum Oyj Corp Ord (OTC: FOJCF) Q1 2026 earnings conference call, held 2026-04-29. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Markus Raurama
CEO
Tiina Tuomela
CFO
Harry Wybird
Analyst, BNP Paribas
Ajay Patel
Analyst, Goldman Sachs
James Brand
Analyst, Deutsche Bank
Arjun Baletsky
Analyst, SEB
Julius Nicholson
Analyst, Bank of America
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Fortum Oyj.
Replay transcript excerpt
WEBVTT 00:00:01.178 -- 00:00:06.866 Good morning, everyone. A warm welcome to Fortum's joint webcast and news conference 00:00:06.866 -- 00:00:11.893 on our first quarter 2026 results. My name is Ingela Ulves, and 00:00:11.893 -- 00:00:15.317 I'm heading the investor relations at Fortum. 00:00:15.317 -- 00:00:18.161 As always, this event 00:00:18.161 -- 00:00:23.348 is being recorded, and there will be a replay on the website later 00:00:23.348 -- 00:00:28.600 today. With me here in the studio are our CEO, Markus Raurama, 00:00:28.600 -- 00:00:34.027 and our CFO, Tiina Tuomela. They will present the group's financial and operational 00:00:34.027 -- 00:00:37.568 performance for the first quarter. 00:00:37.591 -- 00:00:42.637 Now let's go to our presentations, after which we will take your questions in the Q&A 00:00:42.637 -- 00:00:48.482 session. So with this, I hand over to you, Markus, to start. 00:00:49.485 -- 00:00:54.520 Thank you very much, Ingella. A warm welcome to this call, also from my side. 00:00:54.520 -- 00:01:00.027 I will start by going through the key elements of our highlights and our financial performance, 00:01:00.027 -- 00:01:03.551 then say a couple of words about the market development. 00:01:03.551 -- 00:01:07.496 After that, Tina will provide more details on the financials and how the operational 00:01:07.496 -- 00:01:10.640 performance turned into our results. 00:01:10.640 -- 00:01:13.641 Let me now start with the highlights. 00:01:14.544 -- 00:01:19.370 Starting with achieved power price. In the first quarter, it was slightly above last 00:01:19.370 -- 00:01:26.002 year's level. 62.5 euros per megawatt hour compared to 60.1 00:01:26.002 -- 00:01:28.884 in the first quarter last year. 00:01:28.884 -- 00:01:33.889 The realized market price, i....