Q3 2019 Fortum Oyj Earnings Call Transcript

Oct 24, 2019 / 08:00AM GMT
Ingela Ulfves - Fortum Oyj - VP of IR & Financial Communications

Join webcasted news conference on our third quarter results here today. Please note that this event is being recorded, and a replay will be available on our website later today.

My name is Ingela Ulfves, and with me here today are also MÃ¥ns Holmberg from our IR team. Our CEO, Pekka Lundmark, and CFO, Markus Rauramo, will present our third quarter results, after which, we will open up for questions and answers. As a reminder, you are also able to ask questions on our webcast chat.

With this, please welcome Pekka.

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

Thank you very much, Ingela, and good morning. Good morning, everybody who is watching this over the web and also here in Espoo. We are pleased to announce these results today. They are, for the most part in this quarter, good results. I'm happy to report a quarter where we actually increased our comparable operating profit by 59%. This, we were able to do despite the fact that the Nordic spot prices went

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