TIETOSNasdaq StockholmTechnologyIFRS · SEK

TietoEVRY Oyj

Tietoevry is a technology company headquartered in Finland, specializing in software and technology consulting services. The company has a strong Nordic heritage and serves thousands of enterprise and public sector customers globally. Tietoevry focuses on driving innovation and efficiency through its expertise in AI, cloud, and data management. It operates through distinct business segments, including Tietoevry Create, Banking, Care, and Industry, each targeting specific industry needs and leveraging its strong market position in the Nordics for selective European expansion.

Revenue1,852m SEK
−33.9 %y/y
Operating profit (EBIT)75.2m SEK
+152.3 %y/y
EBIT margin4.1%
+3.0 ppy/y
Net income-141m SEK
−123.7 %y/y
Free cash flow225m SEK
−6.5 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

01,0002,0003,000m SEK2021: 2,823 m SEK2021: EBIT 382 m SEK20212022: 2,928 m SEK2022: EBIT 267 m SEK20222023: 2,851 m SEK2023: EBIT 256 m SEK20232024: 2,803 m SEK2024: EBIT 30 m SEK20242025: 1,852 m SEK2025: EBIT 75 m SEK20251,85275
RevenueOperating profit (EBIT)

Business

Share of revenue
Tietoevry Create40 %

Digital innovation and cloud-native development services.

Tietoevry Banking30 %

Fintech software solutions for the financial sector.

Tietoevry Care15 %

Data-driven care software for healthcare sectors.

Tietoevry Industry15 %

Scalable software solutions for various industries.

Customers

Tietoevry serves a diverse range of customers, including enterprises and public sector organizations across multiple geographies. Its customer base is primarily located in the Nordics, but it is expanding into other European markets. Customers choose Tietoevry for its deep industry knowledge, technical expertise, and innovative solutions that drive operational efficiency and business transformation. The company focuses on building long-term relationships by offering tailored solutions that meet specific industry needs, particularly in financial services, healthcare, and industrial sectors.

Enterprises

Digital transformation and cloud solutions for operational efficiency.

Financial Institutions

Fintech innovations for modernizing financial services.

Healthcare Providers

Data-driven care platforms for improved healthcare services.

Industrial Companies

Scalable software solutions for various industrial needs.

Strategy

Tietoevry's strategic priorities focus on becoming a European leader in software and technology consulting within selected industries. The company emphasizes a customer-centric approach, simplifying operations, and expanding selectively from its Nordic roots to broader European markets. It aims to maintain a competitive cost base while capturing opportunities in AI, cloud, and data-driven solutions. These strategic initiatives are designed to strengthen its market leadership and drive sustainable growth.

Customer-centric approachShort term

Enhance service delivery and customer satisfaction

Selective European expansionMedium term

Broaden market reach and leverage Nordic expertise

Competitive cost baseShort term

Ensure operational efficiency and cost-effectiveness

Geography

2025

Tietoevry is headquartered in Finland and has a strong presence in the Nordic region, which serves as its core market. The company is actively expanding its operations into other European markets, leveraging its expertise in software and technology consulting. It has competence centers in Europe, India, China, and the Americas, supporting clients in nearly 20 countries. This geographic diversification helps mitigate risks associated with regional economic fluctuations and enhances its ability to serve a global customer base.

Nordic Countries64 %
Eurooppa muu20 %
Asia14 %
Americas0.8 %

Share of the revenue the company reports by geography.

Risks

Tietoevry faces several risks, including geopolitical instability, which could disrupt operations in certain regions. The company is also exposed to climate change risks, necessitating efforts to reduce carbon emissions and improve energy efficiency. Additionally, the rapid pace of technological change, particularly in AI and cloud technologies, presents challenges in maintaining competitive offerings. Retention and attraction of skilled employees are crucial for sustaining growth and innovation. The company must also navigate regulatory uncertainties and potential impacts on its supply chain and cost structure.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Geopolitical instability1Technological change2Climate change3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Geopolitical instabilityImpact: HighLikelihood: Medium

    Disruption in regions of operation

  2. Technological changeImpact: HighLikelihood: Low

    Maintaining competitive offerings in AI and cloud

  3. Climate changeImpact: MediumLikelihood: Medium

    Need for emission reductions and energy efficiency

Accounting

Judgemental items
Seasonal variations

Affect quarterly sales and profitability

Impact: Significant

Revenue recognition

Influenced by contract terms and delivery timelines

Impact: Material

Divestment accounting

Affects comparability of financial statements

Impact: Significant

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026