공시 • Apr 30
Tieto Corporation Announces Board Changes Tieto Corporation announced that Johan Enger Nygaard has been appointed as interim Managing Director of Tieto Tech Consulting to accelerate the business' strategic transformation and aimed performance uplift, effective May 1, 2026. Johan has most recently served as the Managing Director of Tieto Indtech business and brings with him extensive proven C-level experience. Johan succeeds Pär Johansson who will pursue opportunities outside Tieto. Following this, Bent Philipps has been appointed interim Managing Director of Tieto Indtech, from May 1, 2026. Bent is familiar with Indtech environment and dynamics, as he is currently heading one of its leading software business units, Public 360. Bent has over 30 years of diverse leadership experience from IT industry, with deep expertise in digitalization, AI-driven transformation, and business model innovation. He has been with Tieto since 2019. Johan and Bent report to CEO Endre Rangnes and are members of Tieto's Group Executive Team. Declared Dividend • Feb 15
Final dividend of €0.44 announced Shareholders will receive a dividend of €0.44. Ex-date: 25th March 2026 Payment date: 2nd April 2026 Dividend yield will be 4.2%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is not covered by earnings (407% earnings payout ratio). However, it is well covered by cash flows (46% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 353% to bring the payout ratio under control. EPS is expected to grow by 179% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Feb 13
Full year 2025 earnings released: EPS: €0.22 (vs €0.59 in FY 2024) Full year 2025 results: EPS: €0.22 (down from €0.59 in FY 2024). Revenue: €1.85b (down 1.5% from FY 2024). Net income: €25.6m (down 64% from FY 2024). Profit margin: 1.4% (down from 3.7% in FY 2024). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Sweden. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. 공시 • Feb 12
Tietoevry Oyj Proposes Dividend for the Year Ended December 31, 2025, Payable on April 2, 2026 and October 2, 2026, Respectively The Board of Directors of TietoEVRY Oyj proposed to the Annual General Meeting that, based on the balance sheet to be adopted for the financial year, which ended 31 December 2025, a dividend in the total amount of EUR 0.88 per share be paid from the distributable funds of the company in two instalments as follows: The first dividend instalment of EUR 0.44 per share in aggregate shall be paid to shareholders who on the record date for the first dividend instalment on 26 March 2026 are registered in the shareholders' register maintained by Euroclear Finland Oy or the registers maintained by Euroclear Sweden AB or Euronext Securities Oslo/Verdipapirsentralen ASA (VPS). For shareholders whose shares are registered with Euroclear Finland Oy, the payment date is on 2 April 2026. Outside of Finland, the first instalment is paid to shareholders in accordance with the practices of Euroclear Sweden AB and VPS, and may occur at a later date. The second dividend instalment of EUR 0.44 per share in aggregate shall be paid to shareholders who on the record date for the second dividend instalment on 23 September 2026 are registered in the shareholders' register maintained by Euroclear Finland Oy or the registers maintained by Euroclear Sweden AB or Euronext Securities Oslo/Verdipapirsentralen ASA (VPS). For shareholders whose shares are registered with Euroclear Finland Oy, the payment date is on 2 October 2026. Outside of Finland, the second instalment is paid to shareholders in accordance with the practices of Euroclear Sweden AB and VPS, and may occur at a later date. The Board of Directors also proposes that the Annual General Meeting would authorize the Board of Directors to decide, if necessary, on a new record date and payment date for the second dividend instalment, for example if the rules of Euroclear Finland Oy or statutes applicable to the Finnish book-entry system change or otherwise so require. 공시 • Feb 04
Axcel VII, fund managed by Axcel Management A/S, Management team and employees of BEKK Consulting AS completed the acquisition of BEKK Consulting AS from TietoEVRY Oyj (HLSE:TIETO). Axcel VII, fund managed by Axcel Management A/S, Management team and employees of BEKK Consulting AS entered into an agreement to acquire BEKK Consulting AS from TietoEVRY Oyj (HLSE:TIETO) for NOK 1.7 billion on December 1, 2025. The consideration is on cash and debt free basis. ABG Sundal Collier acted as as Joint Bookrunner on the NOK 700 million senior secured bond issue. Net proceeds from the bond, together with equity from Axcel and management, will be used to finance the acquisition and for general corporate purposes.
For the period ending September 30, 2025, BEKK Consulting AS reported total revenue of NOK 1.06 billion, EBIT of NOK 150 million and has around 600 employees.
The transaction is expected to be completed in the first half of 2026. Tieto intends to use the proceeds to reduce debt and to distribute capital to shareholders.
DNB Carnegie, Investment Arm acted as financial advisor for TietoEVRY Oyj. Advokatfirmaet Schjødt As acted as legal advisor for TietoEVRY Oyj. Lars Kristian Sande, Lars Olav Viset and Herman Wohl of Advokatfirmaet BAHR AS acted as legal advisor for Axcel Management A/S. ABG Sundal Collier ASA acted as financial advisor for Axcel Management A/S.
Axcel VII, fund managed by Axcel Management A/S, Management team and employees of BEKK Consulting AS completed the acquisition of BEKK Consulting AS from TietoEVRY Oyj (HLSE:TIETO) on February 2, 2026.