TietoEVRY: Convincing implementation of strategy continues
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.
