In 2012, we continued implementing our strategy of creating energy that improves life for present and future generations.
Fortum’s sales were EUR 6.2 billion and comparable operating profit EUR 1.7 billion. The Group had about 10,400 employees at the end of 2012. Fortum Corporation’s share is listed on NASDAQ OMX Helsinki.
The instability in the European economy has made our operating environment more challenging.
In order to maintain our strategic flexibility and to secure our competitiveness, we launched an efficiency programme aiming to strengthen the cash flow by over one billion euros in 2013–2014.
At the end of January 2013, Fortum decided to assess future alternatives of the electricity distribution business. We expect to complete the assessment during 2013.