TietoEnator: New business area comparison figures for first half of 2002 and 2001

TietoEnator: New business area comparison figures for first half of 2002 and 2001 Certain TietoEnator units in Germany, Denmark and the Netherlands have been transferred from Business Area Telecom & Media to Business Areas Banking & Finance and Public & Healthcare. The reorganisation has been done in order to strengthen the vertical position of Banking & Finance in Germany and the Netherlands and that of Public & Healthcare in Denmark as well as to better reflect the customer base of the units. Additionally, one Finnish unit formerly belonging to Business Area Banking & Finance has been transferred to Business Area Telecom & Media. As a whole, the units in question generate net sales of approximately EUR 30 million annually and employ some 240 people. TietoEnator's financial reporting will include the changes from July 1 2002 onwards. This means that the Q3 2002 Interim report on October 25 will be according to an organisation where all changes mentioned above are in effect. In order to make the analysis of Business Area development easier, TietoEnator hereby provides new quarterly comparison figures for the first six months of 2002 and 2001. The remaining three Business Areas are unchanged. For more information please contact: Päivi Lindqvist, Investor Relations Manager, +358 9-862 63276, +358 40 708 5351 paivi.lindqvist@tietoenator.com Görgen Johansson, Vice President Group Control, tfn. +46 470 76 25 31, +46 70 578 3909 gorgen.johansson@tietoenator.com Enclosures Net Sales Operating Profit Operating Margin Personnel on Average TIETOENATOR CORPORATION DISTRIBUTION Helsinki Exchanges Stockholm Stock Exchange Principal Media Analysts Net sales 2002 Net sales Isolated Accumulated MEUR 1-3 4-6 7-9 10-12 1-3 1-6 1-9 1-12 Banking & 48 55 48 103 Finance Telecom & Media 40 40 40 80 Public & 47 47 47 94 Healthcare Production & 57 59 57 117 Logistics Processing & 92 94 92 186 Network Resource 44 42 44 86 Management Group -18 -19 -18 -38 elimination 310 318 310 628 Operating profit 2002 Operating profit Isolated Accumulated MEUR 1-3 4-6 7-9 10-12 1-3 1-6 1-9 1-12 Banking & 6.2 6.1 6.2 12.4 Finance Telecom & 4.1 3.8 4.1 7.9 Media Public & 4.9 4.7 4.9 9.6 Healthcare Production & 8.2 5.5 8.2 13.7 Logistics Processing & 9.0 10.4 9.0 19.4 Network Resource 5.1 3.2 5.1 8.2 Management Business Area 37.6 33.6 37.6 71.2 Group Function -3.5 -4.6 -3.5 -8.1 incl. other Associated -0.1 0.0 -0.1 0.0 companies outside BA Operating 34.0 29.1 34.0 63.1 profit (EBITA) before goodwill amortisation and social costs on personell warrants Social costs 0.4 -0.4 0.4 0.0 on personnel warrants Operating 34.4 28.7 34.4 63.1 profit (EBITA) before goodwill amortisation Amortisation -5.0 -7.1 -5.0 -12.1 of Goodwill Operating 29.4 21.6 29.4 51.0 profit (EBIT) before non recurring items Non Recurring 0.0 0.0 0.0 0.0 items Operating 29.4 21.6 29.4 51.0 profit (EBIT) Operating margin % 2002 Operating margin % Isolated Accumulated MEUR 1-3 4-6 7-9 10-12 1-3 1-6 1-9 1-12 Banking & Finance 13.0 11.1 13.0 12.0 Telecom & Media 10.3 9.5 10.3 9.9 Public & Healthcare 10.6 9.9 10.6 10.3 Production & 14.3 9.2 14.3 11.7 Logistics Processing & 9.8 11.1 9.8 10.5 Network Resource Management 11.4 7.5 11.4 9.5 Business Area 12.1 10.6 12.1 11.3 Group Function incl. other Associated companies outside BA Operating margin 11.0 9.2 11.0 10.1 (EBITA) before goodwill amortisation and social costs on personell warrants Operating margin 11.1 9.0 11.1 10.0 (EBITA) before goodwill amortisation Operating margin 9.5 6.8 9.5 8.1 (EBIT) before non recurring items Operating margin 9.5 6.8 9.5 8.1 (EBIT) Personnel on average 2002 Personnel on average Accumulated Full time employees 1-3 1-6 1-9 1-12 Banking & Finance 1,980 2,112 Telecom & Media 1,602 1,613 Public & Healthcare 1,675 1,685 Production & 2,031 2,054 Logistics Processing & Network 2,369 2,374 Resource Management 1,405 1,402 Group Function incl. 84 82 other 11,147 11,322 Net sales 2001 Net sales Isolated Accumulated MEUR 1-3 4-6 7-9 10-12 1-3 1-6 1-9 1-12 Banking & 43 43 38 50 43 86 124 175 Finance Telecom & Media 41 36 29 39 41 76 105 144 Public & 44 43 37 51 44 87 124 174 Healthcare Production & 54 55 47 57 54 108 156 212 Logistics Processing & 76 82 79 92 76 158 237 329 Network Resource 44 46 40 47 44 90 130 178 Management Group -20 -23 -14 -21 -20 -42 -56 -77 elimination 281 282 257 315 281 563 820 1135 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/10/18/20021018BIT00100/wkr0001.doc The Full Report http://www.waymaker.net/bitonline/2002/10/18/20021018BIT00100/wkr0002.pdf The Full Report