Tieto Oyj operates within the Computer programming services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tieto Oyj with three other
computer services in Europe:
sales of 1.65 billion Euro [US$1.82 billion]
of which 26%
was Merchant Services & Solutions),
Akka Technologies SE
(1.51 billion Euro [US$1.67 billion]
based in the Netherlands
(1.65 billion Euro [US$1.83 billion]
of which 87%
was Settlemnt Fees).
During the year ended December of 2018, sales at
Tieto Oyj were 1.60 billion Euro (US$1.77 billion).
increase of 3.6%
versus 2017, when the company's sales were 1.54 billion Euro.
This was the third consecutive year of growth at Tieto Oyj.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Tieto Oyj had sales
of 1.67 billion Euro.
Sales of Business Consulting and Implementation saw an increase
that was more than double the company's growth rate: sales were up
63.1% in 2018, from
150.00 million Euro to 244.60 million Euro.
Tieto Oyj also saw significant increases in sales in
Products Development Services (up 6.9% to 135.80 million Euro)
Not all segments of Tieto Oyj experienced an increase in sales in 2018:
sales of Technology Services and Modernization fell 4.0% to 740.00 million Euro.
Tieto Oyj also experienced decreases in sales in
Industry Solutions (down 3.4% to 478.90 million Euro)