Fortum Corporation
Fortum has published the restated comparison figures in accordance with the new organisational structure

April 13, 2017

Fortum has restated its 2016 comparison segment reporting figures in accordance with the new organisation structure published on 8 February 2017.

As of 1 March 2017, City Solutions was divided into two divisions, City Solutions and Consumer Solutions. City Solutions comprises heating and cooling, waste-to-energy, biomass and other circular economy solutions. Consumer Solutions comprises electricity sales and customer services (previously reported under Other).

Consumer Solutions is temporarily headed by CFO Markus Rauramo until newly appointed Executive Vice President of Consumer Solutions Mikael Rönnblad joins the company on 15 June 2017 at the latest.

The new organisation consists of the following reporting segments: Generation, City Solutions, Consumer Solutions, Russia and Other. M&A and Solar & Wind Development as well as Technology and New Ventures will continue to be reported under Other.

The restated and previously communicated quarterly information for 2016 is attached to this release.

Fortum restated comparison figures 2016


Fortum is a leading clean-energy company that provides its customers with electricity, heating and cooling as well as smart solutions to improve resource efficiency. We want to engage our customers and society to join the change for a cleaner world. We employ some 8,000 professionals in the Nordic and Baltic countries, Russia, Poland and India, and 62% of our electricity generation is CO2 free. In 2016, our sales were EUR 3.6 billion. Fortum's share is listed on Nasdaq Helsinki.

For more information:

Fortum Corporation

Sophie Jolly
Vice President, Investor Relations
Tel: +358 10 45 32552

Rauno Tiihonen
Manager, Investor Relations
Tel: +358 10 453 6150

Måns Holmberg
Manager, Investor Relations & Financial Communications
Tel: +358 44 518 1518

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