28 June 2019
Tieto Corporation STOCK EXCHANGE RELEASE 28 June 2019, 9.00 am EET
Tieto’s operating model has been aligned to the strategy launched in February 2019. Implementation of the new simplified operating model has been completed. As from the second-quarter interim report to be published on 19 July, the following businesses will constitute reportable segments for Tieto:
Tieto's financial reporting for 2018 and the first quarter of 2019 has been adjusted to account for the changes. Comparison figures and a description of the segments are available in the attachment. Additional material is available on the company’s website.
For further information, please contact:
Tomi Hyryläinen, Chief Financial Officer, tel. +358 50 555 0363, tomi.hyrylainen (at) tieto.com
Tanja Lounevirta, Head of Investor Relations, tel. +358 50 321 7510,
tanja.lounevirta (at) tieto.com
Tieto aims to capture the significant opportunities of the data-driven world and turn them into lifelong value for people, business and society. We aim to be customers’ first choice for business renewal by combining our software and services capabilities with a strong drive for co-innovation and ecosystems.
Headquartered in Finland, Tieto has around 15 000 experts in close to 20 countries. Tieto’s turnover is approximately EUR 1.6 billion and shares listed on NASDAQ in Helsinki and Stockholm. www.tieto.com