Tieto’s Interim Report 2/2019: Major transformation initiated in the quarter
· Strategy implementation progressing as planned – transition to a new operating model completed · Complementary merger with EVRY announced · Revenue up by 1% in local currencies · Adjusted EBIT margin at 8.4% – impact of a shorter quarter and currencies 1 percentage point · Efficiency improvement programme on schedule – EUR 15 million cost savings anticipated to materialize in the second half The full interim report with tables is available at the end of this release. Key figures for the second quarter · Sales declined by 0.2%, sales in local currencies were up by 1.