Tietoevry Corporation INSIDE INFORMATION 20 November 2025 6:00 p.m. EET
Tietoevry's cost optimization programme, targeting EUR 115 million in run-rate
savings by the end of 2026, is progressing well. The contribution to operating
profit in 2025 is higher than anticipated and consequently, the company upgrades
its profitability outlook for the full year. As the year is approaching its end,
the company also narrows down growth outlook.
Revised outlook for 2025:
Tietoevry expects its organic1) growth to be in the range of -2% to -1% (revenue
in 2024: EUR 1 879.5 million). The company estimates its full-year adjusted
operating margin2) (adjusted EBITA3)) to be 13.3-13.8% (12.0% in 2024).
The profitability outlook includes a negative impact of approximately 1.0
percentage points on the adjusted operating margin (EBITA) related to IFRS 5 for
Tech Services divestment. The impact comprises the costs that the company was
not able to allocate to discontinued operations until the divestment closing on
2 September, and transition services income after that date.
Previous outlook for 2025:
Tietoevry expects its organic1) growth to be in the range of -2% to 0% (revenue
in 2024: EUR 1 879.5 million). The company estimates its full-year adjusted
operating margin2) (adjusted EBITA3)) to be 12.7-13.3% (12.0% in 2024).
The profitability outlook includes a negative impact of approximately 1.1
percentage points on the adjusted operating margin (EBITA) related to IFRS 5 for
Tech Services divestment. The impact comprises the costs that the company was
not able to allocate to discontinued operations until the divestment closing on
2 September, and transition services income after that date.
1) Adjusted for currency effects, acquisitions and divestments.
2) Adjustment items include restructuring costs, capital gains/losses,
impairment charges and other items affecting comparability.
3) Profit before interests, taxes and amortization of acquisition-related
intangible assets
For further information, please contact
Tommi Järvenpää, Head of Investor Relations, tel. +358 40 576 0288,
tommi.jarvenpaa (at) tietoevry.com
TIETOEVRY CORPORATION
DISTRIBUTION
NASDAQ Helsinki
NASDAQ Stockholm
Oslo Børs
Principal Media
Tietoevryis a leading software and digital engineering services company with
global market reach and capabilities. We provide customers across different
industries with mission-critical solutions through our specialized software
businesses Tietoevry Care, Tietoevry Banking and Tietoevry Industry, as well as
our digital engineering business Tietoevry Create. Our around 15 000 talented
vertical software, design, cloud and AI experts are dedicated to empowering our
customers to succeed and innovate with latest technology.
Tietoevry's annual revenue is approximately EUR 2 billion. The company's shares
are listed on the NASDAQ exchange in Helsinki and Stockholm, as well as on Oslo
Børs.www.tietoevry.com (https://www.tietoevry.com/en/)