TIETOEVRY OYJ |
Market Closed -
Other stock markets
|
After market 03:59:59 pm | |||
| 17.35 EUR | -7.57% |
|
17.4 | +0.26% |
| 06:41pm | Tietoevry Issues Consent Solicitation Update Amid Canceled Banking Arm Demerger Plans | MT |
| 11:35am | Tietoevry Abandons Partial Demerger Plans for Banking Division | MT |
Business Summary
- modernization, security and automation services for digital infrastructures (35.9% of net sales; Tietoevry Tech Services): via the use of the cloud;
- software research and development services (28.4%; Tietoevry Create): especially in the fields of telecommunications, consumer electronics, semiconductors, the automotive industry, etc. The group also offers consulting services in digital technologies, IT systems integration and application management services, etc.;
- services for the digitization of companies' financial and commercial processes (19%; Tietoevry Banking);
- development of specific software solutions (16.7%; Tietoevry Care and Tietoevry Industry): primarily for companies and organizations in the sectors of public administration, health care, social welfare, forestry, energy, etc.
Net sales are distributed geographically as follows: Finland (22.6%), Norway (33.3%), Sweden (31.6%) and other (12.5%).
Number of employees: 24,159
Sales per Business
| EUR in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Data Evry Tech Services
37.7
%
| - | - | 1,075 | 37.7 % | - |
Data Eve Create
29.9
%
| 848 | 29.0 % | 851 | 29.9 % | +0.39% |
Data Sheet Banking
19.9
%
| 521 | 17.8 % | 567 | 19.9 % | +8.80% |
Information Evry Industry
9.2
%
| 273 | 9.3 % | 263 | 9.2 % | -3.67% |
Data Cover
8.3
%
| 231 | 7.9 % | 237 | 8.3 % | +2.20% |
Eliminations
-4.9
%
| -296 | -10.1 % | -141 | -4.9 % | -52.40% |
Sales per region
| EUR in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Norway
33.3
%
| 1,017 | 34.7 % | 949 | 33.3 % | -6.70% |
Sweden
31.6
%
| 947 | 32.4 % | 901 | 31.6 % | -4.86% |
Finland
22.6
%
| 640 | 21.9 % | 644 | 22.6 % | +0.62% |
Other
12.5
%
| 324 | 11.1 % | 357 | 12.5 % | +10.28% |
Managers
| Managers | Title | Age | Since |
|---|---|---|---|
Kimmo Alkio
CEO | Chief Executive Officer | 61 | 10-12-31 |
Tomi Hyryläinen
DFI | Director of Finance/CFO | 54 | 17-12-31 |
Tommi Järvenpää
IRC | Investor Relations Contact | - | 22-08-31 |
| Corporate Officer/Principal | 63 | 19-12-31 | |
Carsten Henke
PRN | Corporate Officer/Principal | - | Oct. 31 |
| Corporate Officer/Principal | 55 | - | |
Thomas Nordås
PRN | Corporate Officer/Principal | 53 | 19-12-04 |
| Corporate Officer/Principal | 49 | 19-12-04 | |
| Corporate Officer/Principal | 52 | 07-12-31 | |
Trond Vinje
HRO | Human Resources Officer | 56 | 14-12-31 |
Members of the board
| Members of the board | Title | Age | Since |
|---|---|---|---|
Endre Rangnes
BRD | Director/Board Member | 65 | 19-12-04 |
| Chairman | 62 | 19-12-04 | |
Bertil Carlsén
BRD | Director/Board Member | 64 | 23-03-22 |
| Director/Board Member | 61 | 19-12-04 | |
| Director/Board Member | 48 | 23-03-22 | |
| Director/Board Member | 64 | 19-12-04 | |
| Director/Board Member | 59 | 23-03-22 | |
| Director/Board Member | 48 | 19-12-31 | |
Gustav Moss
BRD | Director/Board Member | - | 23-03-22 |
Share class
| Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
|---|---|---|---|---|---|
| Stock A | 1 | 118,425,771 | 103,877,892 ( 87.72 %) | 34,679 ( 0.0293 %) | 87.72 % |
Holdings
| Name | Equities | % | Valuation |
|---|---|---|---|
TIETOEVRY OYJ 0.03% | 34,679 | 0.03% | 734,460 $ |
Company contact information
Group companies
| Name | Category and Sector |
|---|---|
Tieto Latvia SIA
| |
Tieto China Co. Ltd.
 Tieto China Co. Ltd. Packaged SoftwareTechnology Services Tieto China Co., Ltd. is a subsidiary of Tieto Oyj. It is an information technology service company that provides information and product engineering services. The company is headquartered in Beijing, China. |
Packaged Software
|
Tieto India Pvt Ltd.
 Tieto India Pvt Ltd. Information Technology ServicesTechnology Services Part of TietoEVRY Corp., Tieto India Pvt Ltd. is an Indian company that provides IT consulting services. The private company is based in Pune, India. |
Information Technology Services
|
TIETOEVRY FINTECH NORWAY AS
 TIETOEVRY FINTECH NORWAY AS Miscellaneous Commercial ServicesCommercial Services TietoEvry Fintech Norway AS provides information technology consulting services. The private company is located in Norway. |
Miscellaneous Commercial Services
|
EVRY India Pvt Ltd.
 EVRY India Pvt Ltd. Packaged SoftwareTechnology Services Part of TietoEVRY Oyj, EVRY India Pvt Ltd. is an Indian company that provides software development services. The private company is based in Bengaluru, India. Founded in 2006. EVRY India was acquired by EDB Business Partner ASA on November 01, 2007 for $3.80 million. |
Packaged Software
|
Sector
Sales per Business
Sales per region
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
HOLD
Number of Analysts
10
Last Close Price
18.77
EUR
Average target price
23.19
EUR
Spread / Average Target
+23.55%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -19.45% | 2.37B | |
| -11.98% | 197B | |
| +2.99% | 169B | |
| +1.55% | 166B | |
| +5.64% | 101B | |
| +5.50% | 76.87B | |
| +16.48% | 71.98B | |
| -6.77% | 71.09B | |
| -23.63% | 51.76B | |
| +2.60% | 48.08B |
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