Inside information: Tieto lowers its full-year 2026 organic growth outlook, maintains its profitability outlook and provides preliminary second-quarter financial information

Tieto CorporationINSIDE INFORMATION17 July 2026 4:00 p.m. EEST

Tieto lowers its full-year 2026 organic growth outlook primarily due to weaker-than-expected market demand. As anticipated, market conditions in Tieto Tech Consulting have remained challenging. However, demand has softened further as increased geopolitical uncertainty has led customers to postpone investment decisions and transformation programmes. As a result, Tieto now expects its organic growth for 2026 to be between -5% and -3% (previously -2% to 0%).

Tieto maintains its profitability outlook for 2026. The company has continued to execute its cost optimization programme successfully and improved utilization in Tieto Tech Consulting. Tieto continues to expect an adjusted operating margin (adjusted EBITA) of 14.8–15.8% for 2026.

Preliminary second-quarter key figures

Tieto is also providing the following preliminary unaudited Group key figures for the second quarter of 2026:

• Revenue EUR 426.6 (463.1) million
• Organic1) growth -5%
• Adjusted2) operating profit3) EUR 63.4 (43.7) million
• Adjusted2) operating margin3) 14.9%

Revised outlook for 2026

Tieto expects its organic1) growth to be in the range of -5% to -3% (revenue in 2025: EUR 1 852.3 million). The company estimates its full-year adjusted operating margin2) (adjusted EBITA3)) to be 14.8–15.8% (13.8% in 2025).

Previous outlook for 2026

Tieto expects its organic1) growth to be in the range of -2% to 0% (revenue in 2025: EUR 1 852.3 million). The company estimates its full-year adjusted operating margin2) (adjusted EBITA3)) to be 14.8–15.8% (13.8% in 2025).

1) Adjusted for currency effects, acquisitions and divestments
2) Adjustment items include restructuring costs, capital gains/losses, impairment charges and other items affecting comparability
3) Profit before interests, taxes and amortization of acquisition-related intangible assets

Tieto will publish its second-quarter interim report on 22 July.

For further information, please contact

Tommi Järvenpää, Head of Investor Relations, tel. +358 40 576 0288, tommi.jarvenpaa(at)tieto.com

Tieto Corporation

DISTRIBUTION

NASDAQ Helsinki
NASDAQ Stockholm
Principal Media

Tietois a leading software and digital engineering services company with global market reach and capabilities. We provide customers across different industries with mission-critical solutions through our specialized software businesses Tieto Caretech, Tieto Banktech and Tieto Indtech as well as Tieto Tech Consulting business. Our around 13 000 talented vertical software, design, cloud and AI experts are dedicated to empowering our customers to succeed and innovate with latest technology.

Tieto’s annual revenue is approximately EUR 2 billion. The company’s shares are traded on the NASDAQ exchange in Helsinki and Stockholm.www.tieto.com