Financial targets

• Annual revenue growth of over 5% (CAGR) in 2027–2028
• Adjusted operating margin (EBITA) of over 16% by 2028
• Net debt/EBITDA below 2
• Dividend representing 60-80% of net profit

With excess capital, the company will carry out share buybacks or pay extraordinary dividends.

Financial development in 2026 – a year of execution and transition

Tieto will maintain strong focus on executing its strategy in 2026. While growth is expected to remain flat, or slightly negative, impacted by headwinds in Tieto Banktech and Tieto Caretech, profitability will improve, driven by the ongoing cost optimization programme and ending of the negative impact of IFRS 5 -related cost burden.

1) Mainly organic, adjusted for currency effects

2) Adjustment items include restructuring costs, capital gains/losses, impairment charges and other items affecting comparability