According to Analysts, Tieto's Revenue and Profit Will Be Weaker than in the Exceptional Comparison Period
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Tieto's share price fell sharply after the results were announced. Analyst Kimmo Stenvall raises key questions about the company's outlook for next year.
IT consultant Tieto refers to “continued weak demand” when the company issues a profit warning for the full year. Negative organic growth is now expected to end at 5–6 percent this year. Previous forecasts have spoken of 3–5 percent. In a press release, Tieto writes that this is due to continued weak demand and the “ongoing transformation within Tieto Tech Consulting”, one of the company’s business areas. At the same time, Tieto still believes t…
Tieto is lowering its organic growth forecast for the full year 2026 due to continued problems within Tieto Tech Consulting, according to a press release that also includes preliminary figures for the third quarter.
Investors are particularly watching the consulting business closely.
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