Q1 2019 Fortum Oyj Earnings Call Transcript

Apr 26, 2019 / 08:00AM GMT
Operator

Hello, everybody. It's my pleasure to welcome you today both here in Espoo at our headquarters and also online to Fortum's joint webcasted news conference on our first quarter results. Please note that this event is being recorded and a replay will be available afterwards on our website. My name is Ingela Ulfves and with me here is also Mans and Rauno from our IR team.

Our CEO, Pekka, and CFO, Markus, will present Fortum's Q1 numbers and performance, after which we will open up for questions and answers. You are also able to ask questions on our webcast chat.

I now hand over to Pekka.

Pekka Ilmari Lundmark - Fortum Oyj - President, CEO & MD

Thank you very much, Ingela. Good morning dear investors both here in Espoo and over the web, great to have you join us again this morning. We are, for the most part, pleased with the results of the first quarter. There was a lot of volatility on the market, but despite that volatility, the Nordic power crisis, the spot price -- system price was up 22% in the quarter and that's, of course, a very

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot