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Tieto Oyj (TIE1V.HE)

TIE1V.HE on Helsinki Stock Exchange

26 May 2017
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Latest Key Developments (Source: Significant Developments)

Tieto signs deal with Arek to provide infrastructure services
Monday, 6 Feb 2017 02:42am EST 

Tieto Oyj : Has signed six-year agreement with Arek Ltd to provide infrastructure services for operating systems .Arek maintains and develops shared services of Finnish pension sector.  Full Article

Tieto Q4 net sales EUR 403.6 million, below estimates
Thursday, 2 Feb 2017 01:00am EST 

Tieto Oyj : Q4 net sales 403.6 million euros ($435 million)(Reuters poll: 414 million euros) . Q4 EBIT ex-items 49.5 million euros (Reuters poll: 50.6 million euros) . Expects its adjusted 2017 operating profit (EBIT) to increase from previous year's level (152.2 million euros in 2016) .Proposes 2016 dividend of 1.15 euro per share (Reuters poll 1.33 euro per share).  Full Article

Klövern signs another rental contract in Skeppet, Karlstad
Wednesday, 21 Dec 2016 01:30am EST 

Klovern : Signs another rental contract in Skeppet, Karlstad . Has signed a 5-year contract with Tieto regarding over 2,900 sq.m in office building skeppet in Inre Hamn, Karlstad .Moving in is estimated to be in October 2017.  Full Article

Tieto provides card services to Marginalen Bank
Monday, 12 Dec 2016 02:19am EST 

Tieto Oyj : Provides card services to Marginalen Bank . Has signed agreement with Marginalen Bank to provide PCI DSS certified endto-end card services .Agreement is valid for five years.  Full Article

Tieto signs a contract with Technip
Tuesday, 6 Dec 2016 02:08am EST 

Tieto Oyj :Has been awarded a contract with Technip.  Full Article

Verisec approved as Tieto subcontractor within framework agreement
Friday, 14 Oct 2016 01:30am EDT 

Verisec AB :Kammarkollegiet (The Legal, Financial and Administrative Services Agency) Statens Inköpscentral has approved Verisec as subcontractor to Tieto within framework agreement Informationsförsörjning.  Full Article

Tieto signs deal with Church of Sweden
Thursday, 13 Oct 2016 04:44am EDT 

Tieto Oyj : Has signed five-year agreement with Church of Sweden to digitalize organisation's document and case management .The implementation will begin during Q4 2016 and is set to be completed by summer 2017.  Full Article

Tieto signs five-year agreement with Kesko
Wednesday, 12 Oct 2016 04:34am EDT 

Tieto Oyj : Has signed agreement with Kesko to modernize large part of Kesko's application and infrastructure services .Says five-year contract has substantial contract value.  Full Article

Tieto acquires assets and rights of Oppad in Norway
Tuesday, 27 Sep 2016 05:33am EDT 

Tieto Oyj : Acquires assets and rights of Oppad in Norway . Oppad is provider of administrative solutions for schools and kindergartens .On Sept. 18 Oppad AS was declared bankrupt and Tieto has bought assets and rights from bankruptcy estate.  Full Article

Tieto acquires Emric, strengthens position as business renewal partner
Thursday, 1 Sep 2016 02:00am EDT 

Tieto Oyj : Strengthens its position as a business renewal partner for financial services customers - acquires Emric . Says transaction supports company's financial services business expansion in Nordic countries and internationally . Acquisition has been completed . Up-front acquisition price, paid in cash at closing, is based on Enterprise Value (EV) of 300 million Swedish crowns ($35.01 million) .Parties have agreed on an earn-out model based on Emric's performance during 2017 and 2018.  Full Article

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