Report
Nicolas David

TietoEVRY : Ambitious but realistic targets for 2023

>CMD 2020 : TietoEVRY presents its 2023 visions post-merger - TietoEVRY yesterday evening held a CMD aimed at presenting its ambitions out to 2023 post-merger. These ambitions are satisfactory, with 5% growth, an adjusted EBIT margin of 15% in 2023 and a steadily growing dividend. The improvement in operational metrics will be gradual as the group emerges from the pandemic, stabilises the commercial momentum of the cloud & Infra business and generates merger synergies...
Underlying
TietoEVRY Oyj

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Nicolas David

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