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Yesterday TietoEVRY again released a better-than-expected quarterly report. Net sales turned to a growth path and the result exceeded market expectations. The strong strategy implementation, good transparency into the business and plans, and preemptive performance lower the company’s risk profile. We expect the company to continue its stable earnings growth driven by synergies and now more strongly also supported by net sales growth. We also expect strong dividend in coming years. The share’s valuation picture is still very attractive examined from several viewpoints. 

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Trade. (Tietoevry)

Tietoevry is active in the IT sector. The company offers a range of software and cloud-based solutions, with the greatest specialist expertise in SaaS solutions. Expertise is found in business processes, application services, infrastructure solutions, and front-end solutions. Customers are found in a number of markets on a global level. The company was created in 2019 via a merger of Tieto and EVRY. The head office is located in Helsinki.