TietoEVRY Corp (OSTO:TIETOS)
kr 198.2 -1.2 (-0.6%) Market Cap: 23.46 Bil Enterprise Value: 34.19 Bil PE Ratio: 12.70 PB Ratio: 1.37 GF Score: 75/100

Q1 2022 TietoEVRY Corp Earnings Call Transcript

May 05, 2022 / 07:00AM GMT
Release Date Price: kr238.4 (-4.10%)
Tanja Lounevirta
TietoEVRY Oyj - Head of Financial Communications

Dear ladies and gentlemen, we have today announced our first quarter results, a solid one. Highlights of the report will be introduced by Kimmo Alkio, our President and CEO; and Tomi Hyrylainen, our CFO.

My name is Tanja Lounevirta, I'm Head of Financial Communications. (Operator Instructions)

I'm delighted to welcome you all and now hand over to Kimmo, please.

Kimmo Alkio
TietoEVRY Oyj - CEO & President

Thank you very much. Thank you. A very warm welcome also on my behalf to our Q1 results announcement.

So very practically, we have had a good start for the year 2022. The main highlights of our Q1 reports are the following: strong growth of 5% supported especially by our Tietoevry Create business revenues up by 15%, Tietoevry Banking revenues up by 8%. Furthermore, we have been able to deliver healthy profitability level, adjusted operating margin of 11.6%. Furthermore, given the war in Ukraine, naturally, we've had enormous degree of attention on our employees

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot