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Tieto's comparison figures based on the new business structure

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:

  •  Digital Experience 
  •  Hybrid Infra 
  •  Industry Software 
  •  Product Development Services 

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 CORPORATION

DISTRIBUTION

NASDAQ Helsinki

Principal Media

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


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