Inside information: Fortum to record additional pre-tax impairments of approximately EUR 990 million related to its Russia segment
FORTUM CORPORATION INSIDE INFORMATION 7 FEBRUARY 2023 AT 18:45 EET Due to the increasingly complex operating environment and prolonged uncertainty regarding Fortum’s Russian operations, Fortum will record additional pre-tax impairments of approximately EUR 990 million related to its Russia segment in its fourth quarter 2022 results. The impairments will have no effect on the Group’s cash flow, comparable operating profit or comparable net profit. The impairments include approximately EUR 550 million related to fixed assets for Fortum’s Russia segment. These will be recorded as ‘items