Reinventing the World for Good
Tietoevry Create
Digital consulting, analytics and software engineering services
Business highlights
Revenue EUR 218.1 million, organic growth* 15%
Adjusted EBITA** EUR 31.3 (26.9) million, 14.3% (14.3%)
High market activity in cloud native, data and software
engineering services
Strong growth in Norway and International - new Nanjing
R&D centre contributing to growth
Organic growth*
15%
Adj. EBITA**
14.3% (change 0.0%)
Limited financial impact from the war in Ukraine in Q1'22,
with focus on employee safety and continuity of customer
deliveries
207
218
188
188
172
Profitability remained solid at Q1'21 level
14.3%
12.2%
12.7%
13.4%
14.3%
In Q2'22, adjusted operating margin anticipated to be
above Q2'21 level
Q1/21
Q2/21
Q3/21
Q4/21
Q1/22
Adj. EBITA %
Revenue
f. tietoercy
Adjusted for currency effects, acquisitions and divestments
* Adjustment items include restructuring costs, capital gains/losses, impairment charges and other items affecting comparability
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