Fortum schedules October 28 report as Fortum stock sits 10.77 percent below its high

Published on 10/20/2026 at 13:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 cash flow reached EUR 324 million in 2026. Fortum stock trades at EUR 23.06 on October 20, 2026, 10.77 percent below EUR 25.84.

Deal settlement and quarterly timing

Fortum secured 91.61 percent acceptance in the Elmera offer on October 2, 2026.
Comparable operating profit totaled EUR 106 million in the second quarter of 2026.
Fortum stock trades at EUR 23.06 at 1:35 p.m. CEST at Lang & Schwarz on October 20, 2026.
Elmera settlement is expected on October 23, 2026, before Fortum reports on October 28, 2026.

Photorealistic nordic hydropower dam at frozen lake under polar twilight sky with snow-covered conifers — Fortum FI0009007132 nordisches Wasserkraftwerk an verschneitem See bei polarer Dämmerung mit Spiegelung, Illustration mit AI erstellt.

Fortum stock is trading at EUR 23.06 at Lang & Schwarz on October 20, 2026 at 1:35 p.m. CEST, while the company prepares its January-September report for October 28. The next catalyst is the expected settlement of Fortum's Elmera offer, after Fortum reported 91.61 percent acceptance on October 2, 2026.

Elmera deal reaches settlement stage

The offer covered 104,755,535 Elmera shares at NOK 47 per share. Settlement was expected on or about October 23, 2026, subject to the remaining conditions, according to Fortum.

Fortum's Consumer Solutions business had 2.3 million customers in the second quarter of 2026. Elmera sold 16 TWh of power and generated EUR 66 million of EBITDA in fiscal year 2025, figures discussed in Yahoo Finance on July 21, 2026.

What does the deal mean for scale?

The transaction adds a retail platform to Fortum's existing Nordic customer base. Management said the combination could support cost efficiencies, but it has not quantified the expected synergies.

Three dated milestones

On July 21, 2026, Fortum reported comparable second-quarter operating profit of EUR 106 million, down EUR 9 million from the prior-year quarter, while operative cash flow rose to EUR 324 million, according to Yahoo Finance. On October 2, 2026, Fortum reported 91.61 percent acceptance for the Elmera offer. On October 14, 2026, Fortum announced that its January-September 2026 interim report would be published on October 28, 2026, according to Nasdaq Helsinki.

Dates for the next phase

The expected Elmera settlement date is October 23, 2026. Fortum's next reporting date is October 28, 2026, with the interim report scheduled for approximately 9:00 a.m. EET and the webcast at 11:00 a.m. EET, according to Nasdaq Helsinki.

Fortum stock stays below its high

The EUR 23.06 Lang & Schwarz quote is 10.77 percent below the EUR 25.84 52-week high and gives the upcoming report a clear valuation reference. Fortum's second-quarter comparable operating profit was lower year over year, but cash flow improved by EUR 121 million to EUR 324 million.

Fortum stock was trading at EUR 23.06 at Lang & Schwarz on October 20, 2026 at 1:35 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Fortum stock.