Tietoevry raises profit outlook for full year amid ongoing cost savings

Tommi Järvenpää serves as Head of Investor Relations
Tommi Järvenpää serves as Head of Investor Relations - Linkedin
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Tietoevry Corporation has updated its full-year outlook for 2025, narrowing its expected organic growth range and raising its adjusted operating margin forecast. The company now anticipates organic growth between -2% and -1%, compared to the previous range of -2% to 0%. The revised estimate for adjusted EBITA is now between 13.3% and 13.8%, up from the earlier projection of 12.7% to 13.3%.

The adjustment comes as Tietoevry’s cost optimization programme, which aims for EUR 115 million in run-rate savings by the end of 2026, progresses ahead of expectations. According to the company, “Tietoevry’s cost optimization programme, targeting EUR 115 million in run-rate savings by the end of 2026, is progressing well. The contribution to operating profit in 2025 is higher than anticipated and consequently, the company upgrades its profitability outlook for the full year.”

The profitability outlook takes into account a negative impact of about one percentage point on the adjusted operating margin due to IFRS 5 requirements related to the divestment of Tech Services. This includes costs that could not be allocated to discontinued operations before the closing of the divestment on September 2, as well as transition services income received after that date.

In comparison, Tietoevry’s previous guidance had projected an organic growth range from -2% to zero percent and an adjusted EBITA margin between 12.7% and 13.3%. That outlook included a slightly higher negative impact—approximately 1.1 percentage points—on margins from the same divestment-related factors.

Tietoevry provides software and digital engineering services globally through specialized businesses such as Tietoevry Care, Tietoevry Banking, Tietoevry Industry, and Tietoevry Create. The company employs around 15,000 professionals focused on vertical software solutions, design, cloud computing, and artificial intelligence.

Annual revenue for Tietoevry is approximately EUR 2 billion. Its shares are listed on NASDAQ Helsinki, NASDAQ Stockholm, and Oslo Børs.

For further information regarding this update or other investor-related queries at Tietoevry Corporation, Tommi Järvenpää serves as Head of Investor Relations.



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