Report
Nicolas David

TietoEVRY : TietoEVRY restores its FY 2020 guidance, which is at least 2% above consensus expectations

>TietoEVRY restores its adjusted EBIT guidance which is now at least 2% above consensus expectations - Today, TietoEVRY announced that it has restored its 2020 guidance as visibility on full-year profitability has improved. Therefore, the group expects its comparable full-year adjusted operating profit to increase from the previous year's level (FY 2019 adj. EBIT: € 341.7m) thus at least 2% above Vara research Consensus, which is expecting an adj. EBIT of € 335m. As a...
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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