TietoEVRY Oyj (TIETOS) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Tieto Avery's third quarter earnings webcast. My name is Tommi Järvenpää. I'm the head of Tieto Avery's investor relations. This morning, we will be discussing our Q3 results, as well as progress with our actions to improve performance. The teleconference line is now open, and as always, we will be hosting Q&A after the presentation. With me here today are our CEO, Endre Rangnäs, and CFO, Tomi Hyröläinen. With this, I would like to hand over to Endre. Please go ahead. Thank you, Tommy, and welcome to the Tea to Every Q3 2025 quarterly presentation. It's been a very active and I would also say a productive quarter marked by the execution of our cost efficiency program. Over the past few weeks, we have also held a large number of meetings with investors and clients to gather valuable data points and insights to preparation for our Capital Markets Day on November 25. And my message is clear. We don't need a new strategy. We just need an execution of the strategy that we already have. We have entered into a new era now following a major milestone in Q3, namely the successful completion of the tech services divestment. Our business now comprises of three focused software units and a consulting arm, and I would say each well positioned in their respective domains. We have a much more focused E2Every, We are excited to move forward. And then we look at now the current revenue split. Approximately 44% is coming from the create business, digital consulting. Banking represents 30%. Care, 12%. And then industry, approximately 14%. So in less than five weeks from now, we will unveil the next phase of plans for T2 Every at the upcoming Capital Markets Day. While the market environment was, I would say, a bit of a challenge also in Q3, we are starting t...