Tietoevry boosts profit outlook on cost savings, narrows growth forecast

Tietoevry Corporation has updated its full-year 2025 outlook, driven by better-than-anticipated progress in its EUR 115 million cost optimization program. The company now projects an adjusted operating margin (EBITA) of 13.3-13.8%, an upgrade from the previous forecast of 12.7-13.3%. This improved profitability includes a negative IFRS 5 impact of approximately 1.0 percentage points related to the Tech Services divestment, a slight improvement from the previously estimated 1.1 percentage points.

While profitability improves, Tietoevry has narrowed its organic growth outlook for 2025 to a range of -2% to -1%, down from the previous expectation of -2% to 0%. This adjustment comes as the year approaches its end, providing a clearer picture of revenue performance.

The company's cost optimization program, targeting run-rate savings by the end of 2026, is yielding higher-than-anticipated contributions to operating profit in 2025.