TietoEVRY (GB:0KG0) has released an update.
Tietoevry Corporation reported modest organic growth of 1% and an improved profitability margin of 11% for the first half of 2024, bolstered by its software businesses and Tietoevry Tech Services. The company also highlighted strong customer acquisitions and a positive order intake, with a book-to-bill ratio of 1.3, and is actively reviewing strategic options for Tietoevry Tech Services. Despite a mixed market environment, Tietoevry’s focused strategy on software and digital engineering continues to drive its multi-year transformation.
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