Tietoevry outlines growth strategy, rebrands businesses to Tieto
Tietoevry Corporation announced new financial targets for 2026-2028, targeting annual revenue growth of over 5% (CAGR) in 2027-2028 and an adjusted operating margin (EBITA) exceeding 16% by 2028. The company also aims for a net debt/EBITDA ratio below 2. Its capital allocation policy includes distributing dividends representing 60-80% of net profit, with excess capital allocated to share buybacks or extraordinary dividends.
The company is speeding up its strategy execution through four priorities: customer first, simplified core, selective expansion, and a competitive cost base. While 2026 growth is expected to be flat or slightly negative due to headwinds in Tieto Banktech and Tieto Caretech, profitability is projected to improve, with growth initiatives anticipated to yield results from 2027 onwards.
As part of its strategy, Tietoevry is renewing its brand to "Tieto," subject to Annual General Meeting approval. Its four businesses will also be renamed to Tieto Banktech, Tieto Caretech, Tieto Indtech, and Tieto Tech Consulting. A Capital Markets Day will be held on November 25, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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