Inside information: Tietoevry updates its full-year guidance – organic growth around -2% (previous 0-3%) and adj. EBITA 12.3-12.7% (previous 12.0-13.0%) – and provides preliminary key figures for Q3
Tietoevry Corporation INSIDE INFORMATION 16 October 2024, 8:40 p.m. EEST Tietoevry has continued to be impacted by the soft IT market, resulting in organic growth of -1% in the third quarter. Market demand weakened compared to the company’s expectations towards the end of the third quarter, and Tietoevry expects soft market conditions to continue for the rest of the year. Weaker demand impacts primarily Tietoevry Create and Tietoevry Tech Services. Certain markets for Tietoevry Care and Tietoevry Industry were also softening in the quarter. Consequently,