TietoEVRY Oyj Reaffirms Earnings Guidance for the Full Year of 2021

TietoEVRY Oyj is an IT services company organized around 4 business areas: - modernization, security and automation services for digital infrastructures (35.9% of net sales; Tietoevry Tech Services): via the use of the cloud; - software research and development services (28.4%; Tietoevry Create): especially in the fields of telecommunications, consumer electronics, semiconductors, the automotive industry, etc. The group also offers consulting services in digital technologies, IT systems integration and application management services, etc.; - services for the digitization of companies' financial and commercial processes (19%; Tietoevry Banking); - development of specific software solutions (16.7%; Tietoevry Care and Tietoevry Industry): primarily for companies and organizations in the sectors of public administration, health care, social welfare, forestry, energy, etc. Net sales are distributed geographically as follows: Finland (22.6%), Norway (33.3%), Sweden (31.6%) and other (12.5%).