Fortum Oyj Corp Ord (FOJCF) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:02.005 -- 00:00:06.673 Good morning everyone and greetings from a cold Helsinki. 00:00:06.673 -- 00:00:11.881 A warm welcome to Fortum's joint webcast and news conference for the investor 00:00:11.881 -- 00:00:17.831 community and media on our full year financial statements 2025. 00:00:17.831 -- 00:00:22.458 My name is Ingella Ylves and I'm heading the investor relations at Fortum. 00:00:22.458 -- 00:00:27.706 As always, this event is being recorded and there will be a replay for 00:00:27.706 -- 00:00:31.612 you later today to be found on our website. 00:00:31.612 -- 00:00:36.760 With me here in the studio are again our CEO Markus Rauramo and our 00:00:36.760 -- 00:00:41.988 CFO Tiina Tuomela. Markus and Tiina will present the group's financial 00:00:41.988 -- 00:00:48.816 and operational performance during the fourth quarter and full year 2025. 00:00:49.272 -- 00:00:54.498 Now let's go to our presentations, after which we will take your questions in the Q&A 00:00:54.498 -- 00:00:55.900 session. 00:00:55.900 -- 00:00:59.601 So I hand over to Markus to start. 00:01:00.425 -- 00:01:05.611 Thank you very much, Ingela. A warm welcome to our full year 2025 results call, also 00:01:05.611 -- 00:01:07.473 from my side. 00:01:07.473 -- 00:01:12.779 I will start by going through the key elements of our highlights and our financial performance, 00:01:12.779 -- 00:01:18.500 then say a couple of words about the hydrological situation and our strategic KPIs. 00:01:18.500 -- 00:01:22.746 After that, Dina will provide more details on the financials and how the operational 00:01:22.746 -- 00:01:26.272 performance turned into our results. 00:01:26.272 -- 00:01:29.734 Let me now start with the highlights. 00:01:30.818 -- 00:01:36.186 Starting with the outright sales price...