NNIT

In the rest of the Nordic countries, organic revenue development turned downward and profitability weakened in Q2. Thus, even applying the Rule of 20, the situation in the IT services market remains distinctly challenging, with only one company achieving good performance and two achieving satisfactory performance.

Regulatory press release5/5/2025, 9:40 AM

NNIT A/S: NNIT adjusts 2025 outlook and publishes Q1 figures

NNIT

In the IT service sector, a few Nordic companies achieved excellent performance measured by the 'Rule of 20'

Analyst Comment3/21/2025, 8:40 AM by

Joni Grönqvist

In the IT service sector, a few Nordic companies achieved excellent performance measured by the 'Rule of 20'

We examined Nordic, listed IT service companies with the 'Rule of 20' metric we launched, measured with which a few companies achieved excellent performance in 2024. On average, Finnish IT service companies fared worse last year than other Nordic companies. Overall, however, it can be said that 2024 was still challenging throughout the Nordics.