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TietoEVRY Oyj

TietoEVRY Oyj

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Main Market, Stockholm News profile image
Main Market, Stockholm News
för 2 år sedan
Nyhetsuppdatering från TietoEVRY Oyj
Interimsrapport: Tietoevry's Interim Report 1/2024: Q1 performance as anticipated - Tietoevry Banking strategic review concluded

Tietoevry Corporation released its interim report for Q1 2024 on 25th April 2024. The company reported revenues of EUR 733.9 million, a decrease from EUR 744.3 million in Q1 2023. Organic growth was down by 2%, and total growth was -1%. Operating profit (EBIT) was EUR 62.7 million with an operating margin of 8.5%. The adjusted operating profit was EUR 88.6 million with an adjusted operating margin of 12.1%. The company's EPS was EUR 0.32, and net cash flow from operations was EUR 71.8 million. The full-year outlook for 2024 remains unchanged, with organic growth expected to be 0-3% and the full-year adjusted operating margin estimated to be 12.0-13.0%. The company experienced a ransomware attack in one of its data centres in Sweden, which impacted service for some customers. The company's various divisions reported mixed performance with some recording growth and others reporting declines.

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