Report
Nicolas David

TietoEVRY : H1 2020 likely to be mixed

>EVRY ends the year better than Tieto - Before the start of trading last Friday, TietoEVRY reported Q4 2019 revenues of € 542m, including € 119m from the integration of EVRY from 5 December. This figure was broadly in line with consensus estimates (€ 538m). However, Tieto had a mixed end to the year, with organic growth of +2% (vs +2.5% in the first nine months). The performance was particularly disappointing at the level of the digital experience business, which show...
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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