On a CMD earlier this week, NNIT gave insight into how the company will look after the divestiture and carve out of the infrastructure business. At the same time, they set new financial aspirations for the period 2024-2026.

Uncertainty in customer demand was realized more widely in Q2, but development was even more mixed than before. Companies with a high weight of tailored software development and the private sector suffered more in relative terms. Reported figures included mainly negative surprises, which was also seen in the form of change negotiations and profit warnings. We predict that the duality will continue in 2023, but the demand outlook will remain more subdued as a whole in 2023 in the private sector, while public sector demand is expected to remain at a good level.

NNIT is expected to release its results for the first six-month of 2023 on 31 August 2023. At a live event on 4 September at 13.00 CEST NNIT’s Management will present the results and achievements followed by a Q&A session...