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Tieto Oyj Maintains FY 2013 Financial Guidance-COMPLETE STORY


Thursday, 25 Apr 2013 03:55am EDT 

Tieto Oyj announced that its fiscal year 2013 outlook remains unchanged. The Company expects its organic net sales to develop in line with the growth in the market for Information Technology (IT) services, with the exception of the weaker outlook in the telecom sector. The Company also expects profitability to continue to improve and fiscal year 2013 EBIT excluding one-off items to increase from the fiscal year 2012 level of EUR 138.8 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report EBIT of EUR 145.13 million for the fiscal year 2013. 

Company Quote

20.0
-0.34 -1.67%
11:29am EDT