Finland's Fortum reports quarterly profit surge, still misses forecasts
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HELSINKI (Reuters) - Finland's Fortum missed analyst expectations despite reporting a 59% jump in its comparable operating profit for the third quarter on Thursday, saying electricity price hedging and higher hydro and nuclear volumes had helped it achieve the rise.The firm's shares fell almost 2% after third-quarter operating profit came in at 153 million euros (£132 million) compared to forecasts for 164 million euros, based on the company's consensus of analysts.Sales stood at 1.06 billion..