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TietoEVRY ( (GB:0KG0) ) has issued an announcement.
Tieto has announced new financial targets and a capital allocation policy for 2026-2028, aiming for over 5% annual revenue growth and an operating margin of over 16% by 2028. The company plans to distribute 60-80% of net profit as dividends and focus on growth through strategic priorities like customer focus and international expansion. Despite expected flat or slightly negative growth in 2026, profitability is anticipated to improve, with significant growth initiatives planned for 2027 onwards. Tieto is also rebranding to reflect its strategic focus, simplifying its name to Tieto and renaming its business units to align with its core operational goals.
The most recent analyst rating on (GB:0KG0) stock is a Hold with a EUR16.00 price target. To see the full list of analyst forecasts on TietoEVRY stock, see the GB:0KG0 Stock Forecast page.
More about TietoEVRY
Tieto is a leading software and digital engineering services company with global market reach and capabilities. It provides mission-critical solutions through specialized software businesses such as Tieto Caretech, Tieto Banktech, and Tieto Indtech, as well as TietoTech Consulting. With around 15,000 experts, Tieto empowers customers to innovate with the latest technology, generating an annual revenue of approximately EUR 2 billion. The company’s shares are listed on NASDAQ Helsinki, NASDAQ Stockholm, and Oslo Børs.
YTD Price Performance: 14.51%
Average Trading Volume: 301,468
Current Market Cap: €2.11B
For an in-depth examination of 0KG0 stock, go to TipRanks’ Overview page.