TietoEVRY : TietoEVRY proves its resilience and benefits from merger synergies
>Q2 2020 results well ahead of expectations in terms of non-IFRS figures - On Friday, 24 July, before the market open, TietoEVRY reported Q2 2020 revenues of € 686m, up -1.0% y-o-y (vs ODDO BHF: -4.0% estimated y-o-y org., no consensus), reflecting a limited deceleration vs Q1 2020 (+3.3% y-o-y org) with an estimated COVID-19 impact of -2pts. TietoEVRY’s resilience is linked to a favourable sector mix (strong exposure to the public and banking sectors, which held up w...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.
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