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The latest announcement is out from TietoEVRY ( (GB:0KG0) ).
Tietoevry’s cost optimization program is progressing well, leading to an upgraded profitability outlook for 2025. The company expects its organic growth to be between -2% and -1%, with an adjusted operating margin of 13.3-13.8%, despite a negative impact from the Tech Services divestment. This reflects a more focused growth strategy as the year ends.
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
Tietoevry is a leading software and digital engineering services company with a global market reach, providing mission-critical solutions through its specialized software businesses, including Tietoevry Care, Tietoevry Banking, and Tietoevry Industry, as well as its digital engineering business Tietoevry Create. The company employs around 15,000 experts in vertical software, design, cloud, and AI, and has an annual revenue of approximately EUR 2 billion. Tietoevry’s shares are listed on NASDAQ Helsinki, NASDAQ Stockholm, and Oslo Børs.
Average Trading Volume: 293,740
Current Market Cap: €2.06B
For detailed information about 0KG0 stock, go to TipRanks’ Stock Analysis page.