Reported alternative performance measures

Tieto uses “Adjusted operating profit (EBIT)” as an alternative performance measure to better reflect its operational business performance and to enhance comparability between financial periods. This alternative performance measure is reported in addition to, but not as a substitute for, the performance measures reported in accordance to IFRS. Adjusted items include restructuring costs, capital gains/losses, goodwill impairment charges and other items.

 

EUR million 2017   2016  
Operating profit (EBIT) 139.2   140.8  
+ restructuring costs 22.7   14.8  
+ capital losses 0.3   0.2  
+/- M&A related items -0.2   -1.9  
+/- other -0.5 1) 4) -1.7 2) 3)
Adjusted operating profit (EBIT) 161.5   152.2