|
|||
![]() |
|||
2011-04-20 13:00:00 CEST 2011-04-20 13:00:16 CEST REGULATED INFORMATION Tieto Oyj - Company AnnouncementTieto's comparison figures for 2010 based on the new business structureTieto Corporation STOCK EXCHANGE RELEASE 20 April 2011, 2.00 pm EET Tieto's new business structure and operating model took effect at the beginning of 2011. The new structure is based on market units and business lines. In line with the new operating model, renewed internal reporting and the IFRS requirements, Tieto has changed its financial reporting at the beginning of 2011. The market units will be the main operating segments covering Finland and the Baltic countries, Scandinavia, Central Europe & Russia and Global Accounts. Reportable segments are defined based on IFRS8, 'Operating Segments'. On these segments, Tieto will disclose a range of quarterly figures as required by the IFRS. In addition to market unit reporting, Tieto will disclose the net sales by business lines, which are Industry Solutions, Enterprise Solutions, Managed services & transformation and Product Engineering Solutions. Tieto will also disclose net sales by customer sector. The standard IFRS8, 'Operating Segments' requires a "management approach", under which segment information is presented on the same basis as it is used for internal reporting purposes. The first interim report for 2011 to be published on 28 April 2011 will be prepared in accordance with the new reporting structure. Tieto's financial reporting for 2010 has been adjusted for the changes. The tables below are also available in excel format at www.tieto.com/Investors. Net sales by market unit, EUR million 2010 2010 2010 2010 2010 1-3 4-6 7-9 10-12 1-12 --------------------------------------------------------------------- Finland and the Baltic countries 185 188 168 202 742 Scandinavia 111 118 105 134 468 Central Europe & Russia 31 32 30 33 126 Global Accounts 172 175 159 186 692 Group elimination -77 -82 -75 -82 -315 Group total 423 431 387 472 1 714 --------------------------------------------------------------------- Net sales by country, EUR million 2010 2010 2010 2010 2010 1-3 4-6 7-9 10-12 1-12 ----------------------------------------------------------------- Finland 205 210 184 227 826 Sweden 113 120 107 139 479 Other 106 102 96 107 410 ---------------------------------- Group total 423 431 387 472 1 714 ----------------------------------------------------------------- Net sales by business line, EUR million 2010 2010 2010 2010 2010 1-3 4-6 7-9 10-12 1-12 ----------------------------------------------------------------------- Industry Solutions 130 134 119 155 537 Enterprise Solutions 47 45 41 50 182 Managed services and transformation 159 168 151 179 657 Product Engineering Solutions 87 85 77 91 339 Group total 423 431 387 472 1 714 ----------------------------------------------------------------------- Net sales by customer sector, EUR million 2010 2010 2010 2010 2010 1-3 4-6 7-9 10-12 1-12 ------------------------------------------------------------------------- Telecom 142 146 131 150 571 Financial Services 88 90 82 97 358 Other industries 193 194 173 225 785 Group total 423 431 387 472 1 714 ------------------------------------------------------------------------- Operating profit (EBIT) by market unit, EUR million 2010 2010 2010 2010 2010 1-3 4-6 7-9 10-12 1-12 -------------------------------------------------------------------------------- Finland and the Baltic countries 15.5 14.6 16.4 16.0 62.5 Scandinavia 3.9 5.5 4.9 7.2 21.6 Central Europe & Russia - 2.0 - 4.2 - 3.9 - 14.2 - 24.3 Global Accounts 12.2 17.8 17.7 12.3 60.0 Steering Functions and Group Management - 10.8 - 14.2 - 7.4 - 14.9 - 47.4 Operating profit (EBIT) 18.9 19.5 27.7 6.4 72.4 -------------------------------------------------------------------------------- Operating margin (EBIT) market unit, % 2010 2010 2010 2010 2010 1-3 4-6 7-9 10-12 1-12 ------------------------------------------------------------------------ Finland and the Baltic countries 8.4 7.8 9.8 8.0 8.4 Scandinavia 3.5 4.7 4.7 5.4 4.6 Central Europe & Russia -6.5 -13.3 -12.8 -42.8 -19.3 Global Accounts 7.1 10.2 11.1 6.6 8.7 Operating margin (EBIT) 4.5 4.5 7.2 1.4 4.2 ------------------------------------------------------------------------ Capital expenditure by market unit, EUR million 2010 2010 2010 2010 2010 1-3 4-6 7-9 10-12 1-12 ---------------------------------------------------------------------- Finland and the Baltic countries 14.8 13.0 17.3 19.9 65.1 Scandinavia 5.1 7.7 3.9 5.1 21.7 Central Europe & Russia 0.2 2.2 1.0 0.8 4.3 Global Accounts 1.0 1.8 0.9 1.1 4.7 Steering Functions and Group Management 0.5 0.4 0.5 2.3 3.8 Group total 21.6 25.0 23.6 29.2 99.5 ---------------------------------------------------------------------- Non-current assets by country, EUR million 2010 2010 2010 2010 31 Mar 30 Jun 30 Sep 31 Dec -------------------------------------------------------------------------------- Finland 93.1 94.8 99.0 106.6 Sweden 30.7 35.7 37.2 38.9 Other 26.1 29.2 28.0 27.2 Total assets 149.8 159.6 164.2 172.7 -------------------------------------------------------------------------------- Goodwill is allocated to the Cash Generating Units, which include several countries and therefore goodwill is not included in the country specific non-current assets shown above. Depreciation by market unit, EUR million 2010 2010 2010 2010 2010 1-3 4-6 7-9 10-12 1-12 ----------------------------------------------------------------------- Finland and the Baltic countries 10.6 11.0 11.2 11.9 44.7 Scandinavia 2.3 2.6 2.8 2.9 10.6 Central Europe & Russia 0.4 0.5 0.6 1.1 2.6 Global Accounts 0.8 0.8 0.9 0.8 3.3 Steering Functions and Group Management 0.4 0.4 0.6 0.7 2.1 Group total 14.5 15.2 16.0 17.5 63.3 ----------------------------------------------------------------------- Amortization on allocated intangible assets from acquisitions, EUR million 2010 2010 2010 2010 2010 1-3 4-6 7-9 10-12 1-12 -------------------------------------------------------------------------------- Finland and the Baltic countries 0.1 0.1 0.1 0.1 0.4 Scandinavia 0.3 0.3 0.3 0.3 1.2 Central Europe & Russia 0.3 0.4 0.3 0.3 1.4 Global Accounts 1.1 1.2 1.2 1.1 4.6 Steering Functions and Group Management 0.0 0.0 0.0 0.0 0.0 Group total 1.8 2.0 1.9 1.9 7.6 -------------------------------------------------------------------------------- Impairment losses, EUR million 2010 2010 2010 2010 2010 1-3 4-6 7-9 10-12 1-12 ---------------------------------------------------------------------- Finland and the Baltic countries 0.0 0.0 0.0 0.0 0.0 Scandinavia 0.0 0.0 0.0 0.0 0.0 Central Europe & Russia 0.0 0.0 0.0 0.0 0.0 Global Accounts 6.6 1.0 0.0 0.0 7.6 Steering Functions and Group Management 0.0 0.0 0.0 0.0 0.0 Group total 6.6 1.0 0.0 0.0 7.6 ---------------------------------------------------------------------- For further information, please contact: Seppo Haapalainen, CFO, tel. +358 2072 63500 Reeta Kaukiainen, VP, Communications and Investor Relations, tel. +358 2072 68711, +358 50 522 0924, reeta.kaukiainen@tieto.com TIETO CORPORATION DISTRIBUTION NASDAQ OMX Helsinki NASDAQ OMX Stockholm Principal Media Tieto is the leading IT service company in Northern Europe providing IT and product engineering services. Our highly specialized IT solutions and services complemented by a strong technology platform create tangible business benefits for our local and global customers. As a trusted transformation partner, we are close to our customers and understand their unique needs. With more than 17 000 experts, we aim to become a leading service integrator creating the best service experience in IT. www.tieto.com |
|||
|