TietoEVRY Corp
F:TTEB

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TietoEVRY Corp
F:TTEB
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Price: 16.02 EUR 0.5%
Market Cap: 1.9B EUR

TietoEVRY Corp
Investor Relations

In the bustling realm of technology and digital transformation, TietoEVRY Corp. stands as a stalwart entity, intricately woven into the economic fabric of Northern Europe. Born from the merger of Tieto Corporation and EVRY ASA in 2019, this Helsinki-based company leverages over half a century of experience to drive innovation across various sectors. Its services span a broad spectrum ranging from cloud and infrastructure solutions to consulting and software development. The company adeptly caters to an array of industries, including healthcare, financial services, and the public sector, providing tailored solutions that enhance operational efficiencies and enable digital transformation for its clients.

At the heart of TietoEVRY's business model is its customer-centric approach—melding deep industry expertise with advanced technological capabilities. By offering a diverse portfolio of IT services and products, TietoEVRY capitalizes on the increasing demand for digital solutions. The company's revenue streams are predominantly anchored in long-term service agreements and project-based engagements, allowing it to cultivate lasting relationships with its clients while ensuring a steady flow of income. Simultaneously, its focus on innovation and sustainability not only enhances its competitive positioning but also aligns with broader societal shifts towards digital ecosystems. Through strategic investments and a commitment to delivering tangible business outcomes, TietoEVRY continues to play a pivotal role in enabling digital maturity across diverse sectors.

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Earnings Calls

2025 Q1
Apr 29, 2025
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Challenges and Strategic Shift Amid Soft Market for TietoEVRY
2025 Q1
Apr 29, 2025

TietoEVRY reflected a challenging Q1 with an organic growth decline of 4%, impacted by a soft market and reduced working days. Adjusted EBITA stood at 10.6%, affected by temporary unallocated costs. The company announced a significant shift, divesting Tech Services to focus on high-growth software and digital engineering sectors, while maintaining cost optimization. Despite current market softness, projected organic growth guidance is set between -2% to +1%, with EBITA margins expected at 12-13%. The company highlights a solid future work pipeline and confirmed strategic investments in AI and care services, aiming to prepare for market recovery.

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Management

Mr. Kimmo Alkio
CEO & President
No Bio Available
Mr. Endre Rangnes
Managing Director of Tietoevry Banking
No Bio Available
Mr. Tomi Hyrylainen
Chief Financial Officer
No Bio Available
Mr. Tommi Jarvenpaa M.Sc.
Head of Investor Relations
No Bio Available
Mr. Jussi Tokola
General Counsel
No Bio Available
Mr. Trond Vinje
Head of HR
No Bio Available
Ms. Tanja Lounevirta
Head of Financial Communications
No Bio Available
Ms. Satu Kiiskinen
Managing Director of Tietoevry Tech Services
No Bio Available
Ms. Päivi Huuhtanen
Head of Stakeholder Relations
No Bio Available
Mr. Johan Hoglund
VP, Head of Heathcare, Welfare & Education
No Bio Available

Contacts

Address
ETELA-SUOMEN
Espoo
Keilalahdentie 2-4, P.O.Box 2
Contacts
+3582072010.0
www.tietoevry.com