TietoEVRY Corp (FRA:TTEB)
€ 17.05 0.41 (2.46%) Market Cap: 2.02 Bil Enterprise Value: 2.95 Bil PE Ratio: 12.65 PB Ratio: 1.37 GF Score: 75/100

Q2 2024 Tietoevry Oyj Earnings Call Transcript

Jul 23, 2024 / 07:00AM GMT
Release Date Price: €18.91 (+3.16%)
Tommi Jarvenpaa
Tietoevry Oyj - Head of Investor Relations

Good morning, and welcome to Tietoevry's second-quarter earnings webcast. My name is Tommi Jarvenpaa, the Head of Tietoevry's Investor Relations. This morning, we will go through our earnings development and outlook in the second quarter. With me here today are our President and CEO, Kimmo Alkio; and CFO, Tomi Hyrylainen, who will next go through the highlights and results of the quarter. Kimmo, please go ahead.

Kimmo Alkio
Tietoevry Oyj - Chief Executive Officer, President

Very well. Thank you very much, Tommi, for the introduction and a warm welcome to everybody again, to a very interesting second quarter performance for Tietoevry.

Second quarter performance characterized what we call as a steady performance in a mixed market. Overall, quite a healthy overall performance in light of the market dynamics, the main factors being organic growth of 1%, driven by especially our software businesses, improved profitability of 11%, supported especially by the development of Tietoevry Tech Services

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