Oct 24, 2024 / 07:00AM GMT
Operator
This morning, we will go through our earnings development and outlook with me here today are our President and CEO K A and CFO to Leen who will next go through the highlights and results of the quarter. Kimo. Please go ahead.
Kimmo Alkio - Tietoevry Oyj - President and CEO
Thank you very much, Tommy. A warm welcome. Also mine, mine and Tommy's behalf. To our third quarter results announcement, our third quarter performance characterized as a bit provided insight already a week ago. Given that we did the guidance change. Let us go through the main drivers of the current environment and and third quarter performance. Our main message being that improved profitability in a weakening market environment, the weakening market environment contributing to our revenue development, revenue decline of 1%.
Furthermore, high degree of attention on the resilience of the company resilience of all the businesses. A lot of attention on the cost based management enabling us to improve profitability to 13.5% level. Today, we are also confirming that the strategic review
Q3 2024 Tietoevry Oyj Earnings Call Transcript
Oct 24, 2024
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