TietoEVRY Corp (OSL:TIETO)
kr 200.4 -3.2 (-1.57%) Market Cap: 23.87 Bil Enterprise Value: 34.78 Bil PE Ratio: 12.67 PB Ratio: 1.37 GF Score: 73/100
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Q2 2022 TietoEVRY Corp Earnings Call Transcript

Jul 22, 2022 / 07:00AM GMT
Release Date Price: kr267.6 (+6.70%)
Tanja Lounevirta
TietoEVRY Oyj - Head of Financial Communications

Dear ladies and gentlemen, we have today announced our Q2 results and also had some exciting news to share. Kimmo Alkio, our President and CEO; and Tomi Hyrylainen, our CFO, will introduce the highlights of today's announcements and will be available for your questions after the presentation. (Operator Instructions) My name is Tanja Lounevirta, Head of Financial Communications. And now happy to hand over to Kimmo, please.

Kimmo Alkio
TietoEVRY Oyj - CEO & President

Thanks very much, Tanja, and a very warm welcome to all participants on behalf of the company. Glad to share exciting developments within the second quarter of 2022. Our second quarter, indeed, exciting reporting organic growth of 5%, and we have upgraded our growth outlook for the year. The main messages and deliverables out of second quarter, growth driven by our 2 fastest-growing businesses, Tietoevry Create up by 12% and our banking business up by 10%.

Furthermore, our adjusted operating margin of 10.7%, naturally

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