Tietoevry Corporation INSIDE INFORMATION 15 September 2025 7:10 p.m. EEST
Tietoevry has assessed its full-year outlook for 2025. As announced on 19
August, the court ruling on the dispute with Sparebank1 Utvikling will result in
a fixed fee increase of approximately EUR 24.5 million in the third quarter and
EUR 2.2 million in the fourth quarter. Furthermore, the company has reviewed the
overall market development, the current financial outlook of its businesses and
the impact of the closing of Tech Services divestment. Consequently, Tietoevry
updates its growth and profitability outlook for 2025.
Revised 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.
Previous outlook for 2025:
Tietoevry Tech Services is reported as a discontinued operation as from the
first quarter and, consequently, Tietoevry's guidance reflects continuing
operations.
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 12.0-13.0% (12.0% in 2024).
The profitability outlook assumes a negative impact of approx. 1.1 percentage
points on the adjusted operating margin (EBITA) related to IFRS 5. The impact
includes an estimate of the costs that cannot be allocated to discontinued
operations and transition services income after the closing of the divestment of
Tietoevry Tech Services.
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
Tietoevry will publish its third-quarter interim report on 23 October.
For further information, please contact
Tommi Järvenpää, Head of Investor Relations, tel. +358 40576 0288,
tommi.jarvenpaa (at) tietoevry.com
TIETOEVRY CORPORATION
DISTRIBUTION
NASDAQ Helsinki
NASDAQ Stockholm
Oslo Børs
Principal Media
Tietoevry is 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