Brief: Tietoevry Q1 Adj. EBITA At EUR 88.6 Million, In Line With Vara Research Consenus

Tieto Oyj

25/04/2024 07:08

April 25 (Reuters) - Tietoevry Oyj  TIETO.HE :
    * TIETOEVRY'S INTERIM REPORT 1/2024: Q1 PERFORMANCE AS
ANTICIPATED
- TIETOEVRY BANKING STRATEGIC REVIEW CONCLUDED
    * STRATEGIC REVIEW OF TIETOEVRY TECH SERVICES ON TRACK WITH
PREVIOUSLY ANNOUNCED SCHEDULE, AIMING FOR CONCLUSION Q2'24
    * FULL-YEAR OUTLOOK FOR 2024 UNCHANGED
    * Q1 PERFORMANCE WAS AS ANTICIPATED, IMPACTED BY SOFT
MACROECONOMIC ENVIRONMENT, HIGH COMPARISON FIGURES AND FEWER
WORKING DAYS - CEO
    * WE ANTICIPATE THAT Q1 REPRESENTS LOWEST GROWTH RATE FOR
2024 AND
WE EXPECT REVENUE TO RETURN TO GROWTH IN Q2 - CEO
    * Q1 ADJUSTED. EBITA EUR 88.6 MILLION VERSUS VARA RESEARCH
CONSENUS EUR 88.6 MILLION

Source text for Eikon:  ID:nWkrbHYDmH 
Further company coverage:  TIETO.HE 

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