Fortum’s Interim Report July-September 2012

CEO Tapio Kuula

The economic situation in Europe and globally has affected Fortum and its business operations. External pressures and cost increases affecting the company are making it necessary for us to further develop the efficiency of our operations.

Fortum's Q3 result was weak as expected, but still unacceptable. Q3 at one glance
The business environment continues to be very demanding. CEO's interview
Efficiency program launched; cash flow to be improved by more than EUR 1 billion during 2013–2014. Effiency programme