TietoEvry

Tieto is an IT services company in the Nordics providing full lifecycle IT services. The reportable operating segments in service line dimension are Managed Services, which is an IT infrastructure and cloud provider that provides enterprise platform services and end user solutions; Consulting and System Integration, which provides consulting and system integration services, application management and transformation consulting; Industry Products, which provides industry-specific software products and productized solutions; and Product Development Services, which provides services in the field of communications and embedded technologies for a global customer base.
  • TickerTIETO
  • ISINFI0009000277
  • ExchangeNasdaq Nordic Helsinki
  • SectorSoftware & Computer Services
  • CountryFinland

TIETOEVRY CORP. sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of TIETOEVRY CORP. (FI), a company active in the Computer Services industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date May 12, 2020, the closing price was EUR 22.38 and its potential was estimated at EUR 25.03.

Baptiste Lebacq ...
  • Charles Lepetitpas
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Fehmi Ben Naamane
  • Geoffroy Michalet
  • Jean-François Granjon
  • Jerôme Bodin
  • Martial Descoutures
  • Nicolas David
  • Oussema Denguir
  • Salma Bouraoui
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF Small & MIDCAP MORNING NEWS - 04/30/2020

...

Baptiste Lebacq ...
  • Charles Lepetitpas
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Fehmi Ben Naamane
  • Geoffroy Michalet
  • Jean-François Granjon
  • Jerôme Bodin
  • Martial Descoutures
  • Nicolas David
  • Oussema Denguir
  • Salma Bouraoui
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF Small & MIDCAP MORNING NEWS - 30/04/2020

...

Charles Lepetitpas ...
  • Nicolas David
  • Salma Bouraoui

TietoEVRY : Solid organic growth in Q1 thanks to a limited COVID-19 impact

>Solid organic growth of 2.7% in Q1 - On Tuesday before trading, TietoEVRY published Q1 2020 revenues of € 744m, up +82.2% y-o-y, a shade above forecasts (ODDO BHF: € 753m, consensus: € 756m) due to a negative forex effect of -3%. However, organic growth was +2.7% y-o-y, well above our expectations (ODDO BHF: +0.2%e y-o-y organic, no consensus), marking an acceleration vs Q4 2019 (+2.1% y-o-y organic) thanks to a limited impact from COVID-19 and a positive calendar ef...

Christoffer Wang Bjørnsen ...
  • Joachim Gunell
  • Jon Masdal
  • Karl-Johan Bonnevier
  • Martin Hoang Nguyen
  • Martin Huseby Karlsen
  • Mattias Holmberg
  • Niclas Gehin
  • Nicolas McBeath
  • Niklas Wetterling
  • Ole-Andreas Krohn
  • Patrik Ling
  • Rune Majlund Dahl
  • Simen Mortensen
  • Tomi Railo

Northern Lights

Charles Lepetitpas ...
  • Nicolas David
  • Salma Bouraoui

TietoEVRY : Solid organic growth in Q1 thanks to a limited COVID-19 impact

>Solid organic growth of 2.7% in Q1 - On Tuesday before trading, TietoEVRY published Q1 2020 revenues of € 744m, up +82.2% y-o-y, a shade above forecasts (ODDO BHF: € 753m, consensus: € 756m) due to a negative forex effect of -3%. However, organic growth was +2.7% y-o-y, well above our expectations (ODDO BHF: +0.2%e y-o-y organic, no consensus), marking an acceleration vs Q4 2019 (+2.1% y-o-y organic) thanks to a limited impact from COVID-19 and a positive calendar ef...

Charles Lepetitpas ...
  • Nicolas David
  • Salma Bouraoui

TietoEVRY : Croissance org solide au T1 grâce à un impact limité du COVID-19

>Une croissance org solide à 2.7% au T1 - TietoEVRY a publié mardi avant Bourse un CA T1 2020 de 744 M€, en hausse de +82.2% y/y, légèrement en dessous des attentes (ODDO BHF : 753 M€ ; Css : 756 M€) à cause d’un effet forex négatif de -3%. Néanmoins, la croissance organique est ressortie à +2.7% y/y, très supérieure à nos attentes (vs ODDO BHF : +0.2%e y/y org, pas de consensus), marquant même une accélération par rapport au T4 2019 (+2.1% y/y org), et ce, grâce à un...

Christoffer Wang Bjørnsen

TietoEVRY (Buy, TP: EUR28.00) - Q1 a mixed bag, but it’s time to BUY into the story

While we have lowered our estimates following the Q1 results, we believe the share price reaction has been overdone in terms of implications of the Covid-19 pandemic and the company’s underlying positioning. We have therefore upgraded TietoEvry to BUY (HOLD), albeit with a lowered target price of EUR28 (32).

Aksel Øverland Engebakken

TietoEVRY - Solid Q1 and faster synergy realisation in 20e

Solid start to the year: Adj. EBIT +4% vs. consensus Hike merger synergy run rate (‘20e) from 30-40 to 45-55m Faster synergy realisation makes this a pos. report

Bengt Jonassen

Strategy Report PowerPoint - Norway - Best ideas Q1'20

Baptiste Lebacq ...
  • Charles Lepetitpas
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Fehmi Ben Naamane
  • Geoffroy Michalet
  • Jean-François Granjon
  • Jerôme Bodin
  • Martial Descoutures
  • Nicolas David
  • Oussema Denguir
  • Salma Bouraoui
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF Small & MIDCAP MORNING NEWS - 04/30/2020

...

Baptiste Lebacq ...
  • Charles Lepetitpas
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • Fehmi Ben Naamane
  • Geoffroy Michalet
  • Jean-François Granjon
  • Jerôme Bodin
  • Martial Descoutures
  • Nicolas David
  • Oussema Denguir
  • Salma Bouraoui
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF Small & MIDCAP MORNING NEWS - 30/04/2020

...

Christoffer Wang Bjørnsen ...
  • Joachim Gunell
  • Jon Masdal
  • Karl-Johan Bonnevier
  • Martin Hoang Nguyen
  • Martin Huseby Karlsen
  • Mattias Holmberg
  • Niclas Gehin
  • Nicolas McBeath
  • Niklas Wetterling
  • Ole-Andreas Krohn
  • Patrik Ling
  • Rune Majlund Dahl
  • Simen Mortensen
  • Tomi Railo

Northern Lights

Christoffer Wang Bjørnsen ...
  • Frank Maaø
  • Helene Kvilhaug Brøndbo
  • Jon Masdal
  • Marius Knudssøn
  • Martin Arnell
  • Martin Hoang Nguyen
  • Martin Huseby Karlsen
  • Nicolai Farstad Olsen
  • Niklas Wetterling
  • Ole-Andreas Krohn
  • Simen Mortensen

Northern Lights

Charles Lepetitpas ...
  • Jerôme Bodin
  • Nicolas David
  • Nicolas Thorez

ODDO BHF Small & MIDCAP MORNING NEWS - 02/17/2020

...

TIETOEVRY CORP. sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of TIETOEVRY CORP. (FI), a company active in the Computer Services industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date May 12, 2020, the closing price was EUR 22.38 and its potential was estimated at EUR 25.03.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

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