Inside information: Tietoevry updates its full-year guidance, organic growth approximately 4% (previous 5-7%) and adjusted EBITA 12.6-13.0% (previous 13.0-13.5%)
Tietoevry Corporation INSIDE INFORMATION 19 September 2023, 8:00 a.m. EEST Tietoevry updates its full-year guidance due to short-term weaker demand in a mixed market environment with economic uncertainty. The weaker economic environment is resulting in customers’ cost savings actions and delayed purchasing decisions, impacting primarily Tietoevry Create and Tech Services businesses. Consequently, Tietoevry updates its outlook for 2023 and expects its organic growth to be approximately 4% for the year. The full-year adjusted operating profit margin is expected