TietoEVRY Oyj (TIETOS) Q2 2026 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.313 Good morning and welcome to Tieto's second quarter earnings webcast. 00:00:04.313 -- 00:00:09.334 My name is Tommi Järvenpää, the head of investor relations at Tieto. 00:00:09.334 -- 00:00:15.376 In the second quarter, the market weakened further, which impacted our growth. 00:00:15.376 -- 00:00:21.579 At the same time, we delivered a significant improvement in our profitability, 00:00:21.579 -- 00:00:26.640 underlining the resilience of our business and the progress we 00:00:26.640 -- 00:00:29.315 have made over the past year. 00:00:29.315 -- 00:00:34.878 This morning, our president and CEO, Enre Rangnäs, and CFO, 00:00:34.878 -- 00:00:39.541 Tomi Hyröläinen, will walk you through the highlights of the quarter and our financial 00:00:39.541 -- 00:00:41.082 performance. 00:00:41.082 -- 00:00:47.026 After the presentation, we will host a Q&A as usual. 00:00:47.026 -- 00:00:50.408 And with that, I would like to hand over to Enre. 00:00:50.408 -- 00:00:51.769 Please go ahead. 00:00:51.769 -- 00:00:57.292 Thank you, Tomi. And good morning and welcome to Tieto's Q2 00:00:57.292 -- 00:00:59.292 presentation. 00:00:59.602 -- 00:01:05.786 As Tommy alluded on, the second quarter was shaped by two distinct developments. 00:01:05.786 -- 00:01:10.730 On one hand, market conditions became more challenging than expected, 00:01:10.730 -- 00:01:13.928 particularly in tech consulting. 00:01:13.928 -- 00:01:18.931 On the other hand, we delivered a significant improvement in profitability 5.5 00:01:18.931 -- 00:01:24.214 percentage points compared to Q2 last year, confirming that 00:01:24.214 -- 00:01:29.376 the measures implemented over the past year are developing and delivering 00:01:29.376 -- 00:01:31.977 tangible results. 00:01:32.037 -- 00:01:3...