A full list of our financial outlooks from 2015 to now
Outlook published on 24 October |
The company updated its full-year outlook on 16 October: Tietoevry expects its organic1) growth to be around -2% (revenue in 2023: EUR 2 851.4 million). The company estimates its full-year adjusted operating margin2) (adjusted EBITA3)) to be 12.3–12.7% (12.6% in 2023). 1) Adjusted for currency effects, acquisitions and divestments 2) Adjustment items include restructuring costs, capital gains/losses, impairment charges and other items affecting comparability 3) Profit before interests, taxes and amortization of acquisition-related intangible assets 4) Company estimate |
Outlook published on 23 July |
Tietoevry expects its organic1) growth to be in the range of 0–3% (revenue in 2023: EUR 2 851.4 million). The company estimates its full-year adjusted operating margin2) (adjusted EBITA3)) to be 12.0–13.0% (12.6% in 2023). 1) Adjusted for currency effects, acquisitions and divestments 2) Adjustment items include restructuring costs, capital gains/losses, impairment charges and other items affecting comparability 3) Profit before interests, taxes and amortization of acquisition-related intangible assets 4) Company estimate |
Outlook published on 25 April |
Tietoevry expects its organic1) growth to be in the range of 0–3% (revenue in 2023: EUR 2 851.4 million). |
Outlook published on 15 February |
Tietoevry expects its organic1) growth to be in the range of 0–3% (revenue in 2023: EUR 2 851.4 million). The company estimates its full-year adjusted operating margin2) (adjusted EBITA3) to be 12.0–13.0% (12.6% in 2023) 1) Adjusted for currency effects, acquisitions and divestments 2) Adjustment items include restructuring costs, capital gains/losses, impairment charges and other items affecting comparability 3) Profit before interests, taxes and amortization of acquisition-related intangible assets |
Outlook published on 26 October |
Tietoevry expects its organic1) growth to be approximately 4% (revenue in 2022: EUR 2 928.1 million). The company estimates its full-year adjusted operating margin2) (adjusted EBITA3) to be 12.6–13.0% (13.0% in 2022) 1) Adjusted for currency effects, acquisitions and divestments 2) Adjustment items include restructuring costs, capital gains/losses, impairment charges and other items affecting comparability 3) Profit before interests, taxes and amortization of acquisition-related intangible assets |
Outlook published on 19 September |
Tietoevry expects its organic1) growth to be approximately 4% (revenue in 2022: EUR 2 928.1 million). The company estimates its full-year adjusted operating margin2) (adjusted EBITA3) to be 12.6-13.0%. (13.0% in 2022). 1) Adjusted for currency effects, acquisitions and divestments. 2) Adjustment items include restructuring costs, capital gains/losses, impairment charges and other items affecting comparability. 3) Profit before interests, taxes and amortization of acquisition-related intangible assets |
Outlook published on 21 July |
Tietoevry expects its organic1) growth to be 5% to 7% (revenue in 2022: EUR 2 928.1 million).
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Outlook published on 4 May |
Tietoevry expects its organic1) growth to be 5% to 7% (revenue in 2022: EUR 2 928.1 million). |
Outlook published on 17 February |
Tietoevry expects its organic1) growth to be 5% to 7% (revenue in 2022: EUR 2 928.1 million). |
Outlook published on 27 October 2022 |
Tietoevry expects its organic1) growth to be 5% to 6% (revenue in 2021: EUR 2 823.4 million). The company estimates its full-year adjusted operating margin2) (adjusted EBITA) to be 12.8-13.1% (13.0% in 2021). 1) Adjusted for currency effects, acquisitions and divestments. |
Outlook published on 20 October 2022 |
Revised outlook for 2022: 1) Adjusted for currency effects, acquisitions and divestments. |
Outlook published on 22 July 2022 |
Tietoevry expects its oorganic1) growth to be 3% to 5% (revenue in 2021: EUR 2 823.4 million). Previously, the company estimated its growth to be 2% to 4%. The company estimates its full-year adjusted operating margin2) (adjusted EBITA) to be 13.1–13.6% (13.0% in 2021). |
Tietoevry upgrades its full-year growth outlook for 2022 on 22 July 2022
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Following strong organic1) growth of 4.6% in the first half of 2022 and anticipated revenue development in the second half, Tietoevry upgrades its growth outlook for the year. The company estimates its full-year organic1) growth to be 3% to 5% (previously 2% to 4%). Profitability outlook for 2022 remains unchanged. Tietoevry expects its organic1) growth to be 3% to 5% (revenue in 2021: EUR 2 823.4 million). The company estimates its full-year adjusted operating margin2) (adjusted EBITA) to be 13.1–13.6% (13.0% in 2021). 1) Adjusted for currency effects, acquisitions and divestments. |
Outlook published on 5 May 2022 |
Tietoevry expects its organic1) growth to be 2% to 4% (revenue in 2021: EUR 2 823.4 million). The company estimates its full-year adjusted operating margin2) (adjusted EBITA) to be 13.1–13.6% (13.0% in 2021).
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Outlook published on 17 February 2022 |
Tietoevry expects its organic1) growth to be 2% to 4% (revenue in 2021: EUR 2 823.4 million). The company estimates its full-year adjusted operating margin2) (adjusted EBITA) to be 13.1–13.6% (13.0% in 2021).
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Outlook published on 26 October 2021 |
Tietoevry expects its organic1) growth to be -1% to +2%2) (revenue in 2020: EUR 2 786.4 million). The company estimates its full-year adjusted operating margin (adjusted EBITA)3) to increase to 13–14% (12.7% in 2020). 1) Adjusted for currency effects, acquisitions and divestments |
Outlook published on 20 July 2021 |
Tietoevry expects its organic1) growth to be -1% to +2%2) (revenue in 2020: EUR 2 786.4 million). The company estimates its full-year adjusted operating margin (adjusted EBITA)3) to increase to 13–14% (12.7% in 2020). 1) Adjusted for currency effects, acquisitions and divestments |
Outlook published on 29 April 2021 |
Tietoevry expects its organic1) growth to be -1% to +2%2) (revenue in 2020: EUR 2 786.4 million). The company estimates its full-year adjusted operating margin (adjusted EBITA)3) to increase to 13–14% (12.7% in 2020). 1) Adjusted for currency effects, acquisitions and divestments |
Outlook published on 17 February 2021 |
Tietoevry expects its organic1) growth to be -1% to +2%2) (revenue in 2020: EUR 2 786.4 million). The company estimates its full-year adjusted operating margin (adjusted EBITA)3) to increase to 13–14% (12.7% in 2020). 1) Adjusted for currency effects, acquisitions and divestments |
Outlook published on 27 October 2020 |
Tietoevry expects its comparable full-year adjusted1) operating profit (EBIT) to increase from the previous year's level (Tieto's and EVRY's adjusted operating profit combined amounted to a total of EUR 341.7 million in 2019). 1)Adjusted for amortization of acquisition-related intangible assets, restructuring costs, capital gains/losses, goodwill impairment charges and other items affecting comparability |
Tietoevry restores its annual guidance for 2020 on 20 October
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On 27 March 2020, Tietoevry withdrew its guidance for 2020 due to uncertainties related to the Covid-19 pandemic. As visibility to the full-year profitability has improved, the company now restores its annual guidance. Full-year outlook for 2020 1) Adjusted for amortization of acquisition-related intangible assets, restructuring costs, capital gains/losses, goodwill impairment charges and other items affecting comparability |
Full year outlook 24 July 2020 |
Due to the Covid-19 pandemic, the current economic outlook in Tietoevry’s main markets involves significant uncertainties. Given the uncertainties in the market outlook, it is not possible to estimate the potential impact of the pandemic on the company’s profitability. Hence the full-year guidance was withdrawn on 27 March. Further guidance will be issued once visibility to the market outlook for the second half has improved |
Full-year outlook for 2020 withdrawn on 27 March |
Due to the Covid-19 pandemic, the current economic outlook in Tietoevry’s main markets involves significant uncertainties. Given the uncertainties in the market outlook, it is not possible to estimate the potential impact of the pandemic on the company’s profitability. Hence the full-year guidance was withdrawn on 27 March. Further guidance will be issued as soon as visibility to the market outlook has improved and significant uncertainties are cleared. |
Outlook published on 14 February 2020 |
Tietoevry expects its comparable full-year adjusted1) operating profit (EBIT) to increase from the previous year's level (Tieto's and EVRY's adjusted operating profit combined amounted to a total of EUR 343.1 million in 2019). 1) Adjusted for amortization of acquisition-related intangible assets, restructuring costs, capital gains/losses, goodwill impairment charges and other items affecting comparability |
Outlook published on 24 October 2019 |
Tieto expects its full-year adjusted1) operating profit (EBIT) to increase from the previous year’s level (EUR 168.0 million in 2018) added by the impact of IFRS 162) to maintain the comparability after the adoption of the new standard. 1) Adjusted for amortization of acquisition-related intangible assets, restructuring costs, capital gains/losses, goodwill impairment charges and other items affecting comparability 2) The company estimates that the adoption of IFRS 16 will have a positive impact on operating profit in 2019. In the first half, the impact on EBIT was EUR 2.0 million. Comparative periods are not restated. More information on the adoption of the standard can be found in the Accounting Policies in the tables section |
Outlook published on 19 July 2019 |
Tieto expects its full-year adjusted1) operating profit (EBIT) to increase from the previous year’s level (EUR 168.0 million in 2018) added by the impact of IFRS 162) to maintain the comparability after the adoption of the new standard. 1) Adjusted for amortization of acquisition-related intangible assets, restructuring costs, capital gains/losses, goodwill impairment charges and other items affecting comparability 2) The company estimates that the adoption of IFRS 16 will have a positive impact on operating profit in 2019. In the first half, the impact on EBIT was EUR 2.0 million. Comparative periods are not restated. More information on the adoption of the standard can be found in the Accounting Policies in the tables section |
Outlook published on 25 April 2019 |
Tieto expects its full-year adjusted1) operating profit (EBIT) to increase from the previous year’s level (EUR 168.0 million in 2018) added by the impact of IFRS 162) to maintain the comparability after the adoption of the new standard. 1) Adjusted for amortization of acquisition-related intangible assets, restructuring costs, capital gains/losses, goodwill impairment charges and other items affecting comparability 2) The company estimates that the adoption of IFRS 16 will have a positive impact on operating profit in 2019. In the first quarter, the impact was EUR 0.9 million. Comparative periods are not restated. More information on the adoption of the standard can be found in the Accounting policies in the tables section. |
Outlook published on 6 February 2019 |
Tieto expects its full-year adjusted1) operating profit (EBIT) to increase from the previous year’s level (EUR 168.0 million2) in 2018). The definition of adjusted operating profit has been revised to improve comparability of operating profit also in light of the company’s acquisitions. 1) adjusted for amortization of acquisition-related intangible assets, restructuring costs, capital gains/losses, goodwill impairment charges and other items affecting comparability 2) not restated for IFRS 16 |
Outlook published on |
Tieto expects its adjusted1) full-year operating profit (EBIT) to increase from the previous year’s level (EUR 161.4 million in 2017). 1) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items |
Outlook published on |
Tieto expects its adjusted1) full-year operating profit (EBIT) to increase from the previous year’s level (EUR 161.4 million2) in 2017). 1) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items 2) revised according to IFRS 15 restatement |
Outlook published on |
Tieto expects its adjusted1) full-year operating profit (EBIT) to increase from the previous year’s level (EUR 161.4 million2) in 2017). 1) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items 2) revised according to IFRS 15 restatement |
Outlook published on 6 February 2018 |
Tieto expects its adjusted1) full-year operating profit (EBIT) to increase from the previous year’s level (EUR 161.5 million2) in 2017). 1) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items 2) subject to revision according to IFRS 15 restatement |
Outlook published on 24 October 2017 |
Tieto expects its adjusted1) full-year operating profit (EBIT) to increase from the previous year’s level (EUR 152.2 million in 2016). 1) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items |
Outlook published on 21 |
Tieto expects its adjusted1) full-year operating profit (EBIT) to increase from the previous year’s level (EUR 152.2 million in 2016). 1) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items |
Outlook published on 27 April 2017 |
Tieto expects its adjusted1) full-year operating profit (EBIT) to increase from the previous year’s level (EUR 152.2 million in 2016). 1) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items |
Outlook published on 2 February 2017 |
Tieto expects its adjusted1) full-year operating profit (EBIT) to increase from the previous year’s level (EUR 152.2 million in 2016). 1) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items |
Outlook published on 25 October 2016
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Tieto expects its adjusted1) full-year operating profit (EBIT) to increase from the previous year’s level (EUR 150.8 million in 2015).
1) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items |
Outlook published on 22 |
Tieto expects its adjusted1) full-year operating profit (EBIT) to increase from the previous year’s level (EUR 150.8 million in 2015). 1) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items |
Outlook published on 26 April 2016 |
Tieto expects its adjusted1) full-year operating profit (EBIT) to increase from the previous year’s level (EUR 150.8 million in 2015). 1) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other items |
Outlook published on 4 February 2016 |
Tieto expects its adjusted1) full-year operating profit (EBIT) to increase from the previous year’s level (EUR 150.8 million in 2015). 1) adjusted for restructuring costs, capital gains/losses, goodwill impairment charges and other one-off items |
Outlook published on 22 October 2015 |
Tieto expects its full-year operating profit (EBIT) excluding one-off items to increase from the previous year’s level (EUR 150.2 million in 2014). |
Outlook published on 28 April 2015 |
Tieto expects its full-year operating profit (EBIT) excluding one-off items to increase from the previous year’s level (EUR 150.2 million in 2014). |
Outlook published on 5 February 2015 |
Tieto expects its full-year operating profit (EBIT) excluding one-off items to increase from the previous year’s level (EUR 150.2 million in 2014). |