Outlook for 2012

OUTLOOK FOR 2012 PUBLISHED ON 23 OCTOBER 2012

Tieto expects its full-year net sales to remain in line with the previous year’s level (EUR 1 828 million in 2011).

As the current development in results is expected to continue during the rest of 2012, Tieto expects its full-year operating profit (EBIT) excluding one-off items to increase by more than 10% from the previous year’s level (EUR 117.1 million in 2011).

In the nine-month period, Tieto booked EUR 38.6 million in costs related to the streamlining actions. It is expected that the remaining part of the estimated total one-off costs of EUR 50 million will be booked during the fourth quarter of 2012.

Outlook for 2012 published on 20 July 2012

The full-year outlook for 2012 remains unchanged. Tieto expects its net sales to develop in line with the anticipated growth rate for the Western European IT services market, i.e. 0–2%. Full-year operating profit (EBIT) excluding one-off items is expected to be above the previous year’s level (EUR 117.1 million in 2011).

In the second quarter, Tieto booked EUR 31.9 million in costs related to the streamlining actions. The remaining part of the estimated total one-off costs of EUR 50 million, close to EUR 20 million, are expected to be booked during the second half of 2012 as announced earlier.

Outlook for 2012 published on 25 April 2012

Full-year outlook for 2012 unchanged – second-quarter results assume restructuring costs
The full-year outlook for 2012 remains unchanged. Tieto expects its net sales to develop in line with the anticipated growth rate for the WeElectronic touch 2 270x270stern European IT services market, i.e. 0–2%. Full-year operating profit (EBIT) excluding one-off items is expected to be above the previous year’s level (EUR 117.1 million in 2011).

The second quarter will be strained by anticipated one-off costs of around EUR 30 million. These costs are part of the total streamlining costs of EUR 50 million announced in connection with the strategy launch. Additionally, existing idle capacity of the company is expected to burden second-quarter performance. The profitability improvement attributable to the ongoing streamlining actions starts to materialize towards the end of 2012.

Outlook for 2012 published on 8 February 2012

For 2012, Tieto expects its net sales to develop in line with the anticipated growth rate for the Western European IT services market, i.e. 0–2%. Full-year operating profit (EBIT) excluding one-off items is expected to be above the previous year’s level (EUR 117.1 million in 2011).

 

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