FilingReader Intelligence

Tietoevry wins €35m court ruling against Sparebank1

August 19, 2025 at 05:20 AM UTCBy FilingReader AI

Tietoevry announced the Borgarting Court of Appeals' ruling in its dispute with Sparebank1 Utvikling is now final, with neither party appealing by the August 18 deadline.

The ruling grants approximately €35 million in increased fixed fees. Tietoevry Banking will book €24.5 million in Q3, €2.2 million in Q4, and €8.6 million during 2026 as revenue.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

OSL:TIETOOslo Stock Exchange

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