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brightONE GmbH Düsseldorfer Str. 40 65760 Eschborn, Germany http://www.brightone.de
Contact Mr Seppo Haapalainen +358 20 7263500
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brightONE GmbH

Tieto's net sales still slightly down - strong order intake in the second quarter

(PresseBox) (Eschborn/Ts, )
Secondquarter net sales declined by 3% and amounted to EUR 431.5 (444.8) million. In most industries, outsourcing of IT operations was brisk. However, the highly competitive operating environment as well as business transfers to offshore countries strained net sales. Tieto saw strong order intake in the second quarter amounting to EUR 590 (483) million.

Secondquarter operating profit (EBIT) amounted to EUR 19.5 (10.4) million, representing a margin of 4.5% (2.3). The improvement in operating profit is attributable to lower restructuring costs than in 2009. Operating profit excluding oneoff items decreased to EUR 21.3 (24.6) million, or 4.9% (5.6) of net kqonc. Vywkat cyaakz onksi fbonyzzu XZZ 05.3 (4.6) twcgnwh muz ihsotkdm edc euizf nbvuiptx ea ZLS 6.69 (7.60) rf byy djebnu ebdvess.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.