Organic growth is expected to be 2%. TietoEnator's operating profit (EBIT) excluding capital gains for continuing operations amounted to around EUR 112 million, corresponding to a margin of 6.8%. TietoEnator guided for around 5% net sales growth and around 8% EBIT margin excluding capital gains in its third-quarter 2006 interim report on 20 October 2006.

TietoEnator's net sales for 2006 were well in line with the company's expectations. Profitability, however, was lower than expected in the fourth quarter due to higher costs and higher proportion of low-margin revenue, like subcontracting and third-party licence sales.

TietoEnator's President and CEO Pentti Heikkinen comments: "The year did not end as we expected. We invested heavily in internationalization, in the development of offerings, marketing and brand building. At the same time we faced tough price competition, which we responded to by investing in our own low-cost competence centres."