17 July 2020
TietoEVRY Corporation STOCK EXCHANGE RELEASE 17 July 2020, 4.00 pm EEST
Tieto’s and EVRY’s merger was concluded on 5 December 2019 and TietoEVRY’s new business structure became operational on 1 January 2020. The company’s financial reporting will be prepared in accordance with the new structure as from the second-quarter interim report, to be published on 24 July.
The service lines, constituting reportable segments for the company are:
• Digital Consulting
• Cloud & Infra
• Industry Software
• Financial Services Solutions and
• Product Development Services.
Financial reporting is based on the official financial figures of TietoEVRY, with EVRY being consolidated as from 5 December 2019. The attached restatement is based on comparable financial information where EVRY is consolidated for the full period.
Additional material is published on the company’s website.
For further information, please contact:
Kjell Arne Hansen, Head of Investor Relations, tel. +47 9504 0372, kjell.hansen (at) tietoevry.com
TietoEVRY creates digital advantage for businesses and society. We are a leading digital services and software company with local presence and global capabilities. Our Nordic values and heritage steer our success.
Headquartered in Finland, TietoEVRY employs around 24 000 experts globally. The company serves thousands of enterprise and public sector customers in more than 90 countries. TietoEVRY’s annual turnover is approximately EUR 3 billion and its shares are listed on the NASDAQ in Helsinki and Stockholm as well as on the Oslo Børs. www.tietoevry.com