Pressmeddelanden, rapporter och bolagsmeddelande för TietoEVRY Oyj

Tietoevry Corporation announced that the strategic review of Tietoevry Tech Services is advancing with an active sales process. The timeline for conclusions, initially set for the second quarter of 2024, has been extended, with further updates expected by the third-quarter interim report on 24 October 2024. For more information, contact Chief Financial Officer Tomi Hyryläinen or the Tietoevry Newsdesk. Tietoevry is a leading technology company with a Nordic heritage, specializing in cloud, data, and software, serving customers in over 90 countries, with an annual turnover of approximately EUR 3 billion. The company’s shares are listed on NASDAQ Helsinki, NASDAQ Stockholm, and Oslo Børs.

Tietoevry Corporation announced that Cosimo De Carlo will become the Managing Director of Tietoevry Create, the company's digital engineering branch, on 1 September 2024. De Carlo has over 20 years of experience in the engineering services industry, formerly serving as the CEO of EDAG Group and Group Vice President Automotive at Altran. Tietoevry Create provides business advisory and design, data engineering and specialized software R&D services globally and employs nearly 10,000 professionals. De Carlo will report to Tietoevry’s CEO Kimmo Alkio and join the Group Executive Management team. Harri Salomaa will continue as the acting Managing Director of Tietoevry Create until De Carlo assumes his position.

On April 24, 2024, the Board of Directors of Tietoevry Corporation decided to issue 214,379 new shares without payment to pay the rewards of the Performance Share Plan 2021–2023 and Restricted Share Plan 2021–2023 for key employees. The shares will be distributed to 449 key employees. The shares will be registered on May 14, 2024, and trading of the new shares will begin on May 15, 2024. This issuance will increase the total number of shares in Tietoevry Corporation to 118,640,150.

Tietoevry Corporation released its interim report for Q1 2024 on 25th April 2024. The company reported revenues of EUR 733.9 million, a decrease from EUR 744.3 million in Q1 2023. Organic growth was down by 2%, and total growth was -1%. Operating profit (EBIT) was EUR 62.7 million with an operating margin of 8.5%. The adjusted operating profit was EUR 88.6 million with an adjusted operating margin of 12.1%. The company's EPS was EUR 0.32, and net cash flow from operations was EUR 71.8 million. The full-year outlook for 2024 remains unchanged, with organic growth expected to be 0-3% and the full-year adjusted operating margin estimated to be 12.0-13.0%. The company experienced a ransomware attack in one of its data centres in Sweden, which impacted service for some customers. The company's various divisions reported mixed performance with some recording growth and others reporting declines.