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Tietoevry Oyj
Previous close
€16.95
Day range
€16.86 - €17.01
Year range
€16.43 - €22.34
Market cap
1.99B EUR
Avg Volume
272.06K
P/E ratio
12.54
Dividend yield
8.70%
Primary exchange
HEL
Market news
Financials
Income Statement
Revenue
Net income
(EUR) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 655.00M | -0.71% |
Operating expense | 114.10M | -3.22% |
Net income | 38.30M | -11.75% |
Net profit margin | 5.85 | -11.09% |
Earnings per share | 0.49 | -7.55% |
EBITDA | 87.90M | 5.02% |
Effective tax rate | 23.09% | — |
Balance Sheet
Total assets
Total liabilities
(EUR) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 198.40M | 5.53% |
Total assets | 3.28B | -5.14% |
Total liabilities | 1.82B | -5.69% |
Total equity | 1.47B | — |
Shares outstanding | 118.59M | — |
Price to book | 1.37 | — |
Return on assets | 4.61% | — |
Return on capital | 5.94% | — |
Cash Flow
Net change in cash
(EUR) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 38.30M | -11.75% |
Cash from operations | 58.20M | 3,010.00% |
Cash from investing | -17.70M | 89.93% |
Cash from financing | -29.80M | -119.08% |
Net change in cash | 8.40M | 133.33% |
Free cash flow | 33.84M | 156.41% |
About
Tietoevry Corporation is a Finnish IT software and service company providing IT and product engineering services. Tietoevry is domiciled in Espoo, Finland, and the company's shares are listed on the NASDAQ OMX Helsinki, NASDAQ OMX Stockholm and Oslo Stock Exchange. Tietoevry has approximately 24,000 employees across 20 countries, and has customers in the energy, forestry, banking, healthcare and public sectors.
In June 2019, Tieto paid EUR 1.2 billion for the acquisition of similar-sized IT company EVRY. The intention was to expand on the Nordic market. The new company would be named TietoEVRY, have over 24.000 employees and generate a projected revenue of over EUR 3 billion for the fiscal year 2020.
At the end of 2015, the number of full-time employees was over 13,000 in more than 20 countries. 28% are located in Finland, 19% in Sweden, 17% in India, 15% in Czech Republic, 5% in Latvia, and the rest spread across other countries. 28% of the employees worldwide are women. Net sales by country was Finland 47%, Sweden 36%, and International 17%. As of 2014, 42.7% of Tieto's shareholders are Finnish and 3% are Swedish and 1% Bulgarian. Wikipedia
CEO
Founded
1968
Website
Employees
23,359