Fortum shielded from corona and oil chaos

The Finnish utility's Q1 results were unaffected by crises due to price hedging. Going forward, however, Fortum expects delays in both wind projects and payment from customers.
Photo: INTS KALNINS/REUTERS / X02120
Photo: INTS KALNINS/REUTERS / X02120

Fortum's departing Chief Executive Pekka Lundmark, who will leave the firm for Nokia come August, begins the Finnish utility's first quarter interim report with the following gloomy overview:

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