TietoEVRY : Q2 2024 results in line with expectations. Full-year guidance reiterated
>Organic growth and EBITA in line with expectations. Good level of FCF - TietoEVRY published its Q2 2024 results yesterday before market open. Organic growth stood at +1% y-o-y (vs ODDO BHF: +0.2% org: consensus: +1.0% org.), reflecting an upturn on the Q1 level (-2% org.). Growth was driven by the two divisions Banking (5% org. vs ODDO BHF: 8.0% org.) and Industry (5% org. vs ODDO BHF: 4.0% org.). Moreover, growth remains impacted by a lacklustre performance in the ...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.