Tietoevry stock holds steady as digital services margins and cash flow stay in focus
Published on 07/21/2026 at 19:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Tietoevry (ISIN FI0009000277) reported revenue of about EUR 3.0 billion for the full year 2024, while Tietoevry stock continues to reflect the group’s position as a key Nordic IT and digital services provider with a diverse portfolio spanning cloud, software and infrastructure.
Revenue around EUR 3.0 billion
According to the company’s published 2024 financial information, Tietoevry generated revenue of roughly EUR 3.0 billion in full year 2024, broadly unchanged from the previous year’s level, underlining a stable top line in a mixed enterprise IT spending environment.
Within that total, management highlighted that the software-driven businesses and cloud-related services grew faster than more traditional infrastructure activities during 2024, which helped support the overall revenue mix even as some customers delayed discretionary IT projects.
Operating profit and margin comparison
Based on the same 2024 figures, Tietoevry reported an operating profit on the order of EUR 260 million, corresponding to an operating margin in the mid to high single digits for the year, modestly higher than the prior year’s operating margin that had been in the mid single digits.
The year-on-year margin improvement was supported by cost-efficiency measures and a greater share of higher-margin software and consulting work, offset by wage inflation and continued investments in new capabilities such as AI-enabled services and industry-specific software solutions.
More background on Tietoevry stock
Further company reports, regulatory filings and previous coverage can help investors understand how Tietoevry’s strategy, guidance and balance sheet developments feed into the valuation of Tietoevry stock over time.
Free cash flow above EUR 200 million
For full year 2024, Tietoevry’s reported free cash flow came in above EUR 200 million, an improvement compared with the previous year when free cash flow had been below that level due partly to restructuring outflows and timing effects in working capital.
The stronger cash generation supported the company’s ability to maintain dividends while also funding investments in modernization of platforms, new software releases and selected growth initiatives in areas such as cloud services and industry-specific applications.
Dividend and shareholder returns
Tietoevry’s 2024 dividend proposal was in the range of EUR 1.50 per share, close to the level paid for the previous year, reflecting a payout policy that aims to distribute a significant share of earnings while preserving flexibility for strategic investments.
On the basis of the 2024 earnings per share level in the mid to high EUR 1 range, the proposed dividend implied a payout ratio that remained consistent with prior years and underlined management’s focus on stable shareholder returns.
Cloud and software services drive growth
The company’s business mix is increasingly tied to cloud, software and digital consulting services that address long-term demand for modernization of critical systems in banking, public sector, healthcare, manufacturing and other industries across the Nordics and selected international markets.
Management has emphasized that software and cloud services posted mid to high single digit organic growth in 2024, outpacing the overall group revenue trend and helping to offset weaker demand in legacy infrastructure services and standardized workplace solutions.
Representative product: core banking platform
One representative product line for Tietoevry is its core banking software and related digital banking solutions, which are used by financial institutions to handle accounts, payments and regulatory reporting while enabling new digital customer interfaces.
In recent reporting, the company has highlighted continued wins and extensions for its banking solutions, contributing to the revenue base of its financial services segment and supporting recurring revenues from long-term software and services contracts.
Tietoevry stock and valuation context
As a Nordic-listed IT and digital services company, Tietoevry stock is typically assessed against European and global peers in terms of earnings growth, margin trajectory and cash generation, with valuation multiples also influenced by the stability of public sector and financial services demand in its core markets.
Investors often compare the company’s operating margin in the mid to high single digits and free cash flow above EUR 200 million in 2024 with peers that may have higher margins but less exposure to long-term public sector contracts or lower dividend payout ratios.
Tietoevry key data
- Company: Tietoevry
- ISIN: FI0009000277
- Ticker:
- Trading venue:
- Price (as of ):
- Market capitalization: (as of )
- Sector / Industry: Information Technology / IT Services
- Index membership:
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