Tietoevry Revises Growth Outlook Amid Market Challenges

TietoEVRY (GB:0KG0) has released an update.

Tietoevry has revised its financial outlook for 2024, anticipating a decline in organic growth to around -2% due to continued soft market conditions, particularly affecting its Create and Tech Services sectors. Despite these challenges, the company has managed to improve its profitability through active cost management, forecasting an adjusted operating profit margin between 12.3-12.7% for the year. This performance underscores Tietoevry’s resilience amid a difficult economic environment.

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