Tecnotree’s new customer in Europe won at the end of April is Tata Communications
Translation: Original published in Finnish on 06/03/2025 at 07:35 am EEST
On Monday, Tecnotree announced more information about the new customer in Europe, originally published at the end of April. The agreement with Tata Communications covers the deployment of Tecnotree's cloud-native Digital BSS Suite on the MOVE™ platform across Europe (Netherlands), also APAC and India.
Deployment began in Q1’25 and support and maintenance will continue until 2030. The contract value is below 10% of Tecnotree's revenue in the previous financial year, which was already known. The economic impact of this agreement alone is therefore very limited, but it is another promising sign of the company's competitiveness also in the European market.
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Tecnotree operates in the IT sector. The company specializes in the development of digital communication solutions. The services include, for example, business process services and subscription management for corporate customers in telecom and other digital service providers. Operations are held on a global level, with the largest presence in Asia, Africa and the Middle East.
Read more on company pageKey Estimate Figures28.05.2025
| 2024 | 25e | 26e | |
|---|---|---|---|
| Revenue | 71.6 | 75.4 | 80.1 |
| growth-% | -8.7 % | 5.4 % | 6.2 % |
| EBIT (adj.) | 26.7 | 27.2 | 28.6 |
| EBIT-% (adj.) | 37.3 % | 36.0 % | 35.7 % |
| EPS (adj.) | 0.97 | 0.86 | 0.59 |
| Dividend | 0.01 | 0.03 | 0.05 |
| Dividend % | 0.4 % | 0.7 % | 1.2 % |
| P/E (adj.) | 2.7 | 5.0 | 7.4 |
| EV/EBITDA | 1.7 | 2.4 | 2.5 |
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