Inactive Instrument

Company Tieto Nasdaq Helsinki

Equities

IT Services & Consulting

Business Summary

TietoEVRY Oyj is an IT services company organized around 4 business areas:

- modernization, security and automation services for digital infrastructures (35.9% of net sales; Tietoevry Tech Services): via the use of the cloud;

- software research and development services (28.4%; Tietoevry Create): especially in the fields of telecommunications, consumer electronics, semiconductors, the automotive industry, etc. The group also offers consulting services in digital technologies, IT systems integration and application management services, etc.;

- services for the digitization of companies' financial and commercial processes (19%; Tietoevry Banking);

- development of specific software solutions (16.7%; Tietoevry Care and Tietoevry Industry): primarily for companies and organizations in the sectors of public administration, health care, social welfare, forestry, energy, etc.

Net sales are distributed geographically as follows: Finland (22.6%), Norway (33.3%), Sweden (31.6%) and other (12.5%).

Sales per Business

EUR in Million2022Weight2023Weight Delta
Data Evry Tech Services
37.7 %
- - 1,075 37.7 % -
Data Eve Create
29.9 %
848 29.0 % 851 29.9 % +0.39%
Data Sheet Banking
19.9 %
521 17.8 % 567 19.9 % +8.80%
Information Evry Industry
9.2 %
273 9.3 % 263 9.2 % -3.67%
Data Cover
8.3 %
231 7.9 % 237 8.3 % +2.20%
Eliminations
-4.9 %
-296 -10.1 % -141 -4.9 % -52.40%

Sales per region

EUR in Million2022Weight2023Weight Delta
Norway
33.3 %
1,017 34.7 % 949 33.3 % -6.70%
Sweden
31.6 %
947 32.4 % 901 31.6 % -4.86%
Finland
22.6 %
640 21.9 % 644 22.6 % +0.62%
Other
12.5 %
324 11.1 % 357 12.5 % +10.28%

Managers

Managers TitleAgeSince
Chief Executive Officer 61 10-12-31
Director of Finance/CFO 54 17-12-31
Investor Relations Contact - 22-08-31
Corporate Officer/Principal 63 19-12-31
Corporate Officer/Principal - Oct. 31
Corporate Officer/Principal 55 -
Corporate Officer/Principal 53 19-12-04
Corporate Officer/Principal 49 19-12-04
Corporate Officer/Principal 52 07-12-31
Human Resources Officer 56 14-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 65 19-12-04
Chairman 62 19-12-04
Director/Board Member 64 23-03-22
Director/Board Member 61 19-12-04
Director/Board Member 48 23-03-22
Director/Board Member 64 19-12-04
Director/Board Member 59 23-03-22
Director/Board Member 48 19-12-31
Director/Board Member - 23-03-22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 118,425,771 103,877,892 ( 87.72 %) 34,679 ( 0.0293 %) 87.72 %

Shareholders

NameEquities%Valuation
Solidium Oy (Investment Company)
10.86 %
12,857,918 10.86 % 300 M €
Silchester International Investors LLP
10.03 %
11,873,031 10.03 % 277 M €
Incentive AS
5.101 %
6,041,221 5.101 % 141 M €
Cevian Capital AB
4.990 %
5,909,445 4.990 % 138 M €
Keskinäinen Eläkevakuutusyhtiö Ilmarinen
1.627 %
1,927,095 1.627 % 45 M €
Keskinäinen Työeläkevakuutusyhtiö Elo
1.468 %
1,738,000 1.468 % 41 M €
AFA Sjukförsäkringsaktiebolag (Invt Mgmt)
1.371 %
1,623,135 1.371 % 38 M €
Swedbank Robur Fonder AB
1.120 %
1,326,760 1.120 % 31 M €
Valtion Eläkerahasto - The State Pension Fund
0.6950 %
823,000 0.6950 % 19 M €
OP Asset Management Ltd.
0.6576 %
778,728 0.6576 % 18 M €

Holdings

NameEquities%Valuation
34,679 0.03% 809,101 $

Company contact information

TietoEVRY Corp.

Keilalahdentie 2-4

02150, Espoo

+358 207 2010

http://www.tietoevry.com
address Tieto

Group companies

NameCategory and Sector
Tieto Latvia SIA
Packaged Software
Information Technology Services
Miscellaneous Commercial Services
Packaged Software