Teleperformance SE
F:RCF

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Teleperformance SE Logo
Teleperformance SE
F:RCF
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Price: 63.86 EUR 1.75% Market Closed
Market Cap: 3.8B EUR

Teleperformance SE
Investor Relations

Teleperformance SE, a name that resonates across global markets, operates as a linchpin in the business process outsourcing (BPO) industry. Founded in Paris in 1978, the company has matured from its modest beginnings into a colossus with operations spanning over 170 countries. The core of Teleperformance's business model revolves around providing omnichannel customer experience management and back-office services for various industries. This means that when you call a customer service line, engage in a live chat, or even converse via social media with a company, there's a good chance you're interacting with a representative from Teleperformance. Their services extend to sectors as diverse as telecommunications, finance, travel, and healthcare, allowing these industries to concentrate on their primary operations while Teleperformance handles customer interactions efficiently.

Revenue generation for Teleperformance hinges on long-term contracts with businesses that require continuous support to engage their end-users. The company provides skilled environments equipped with technology solutions to seamlessly manage customer interactions for its clients, from tech support to complex financial services. Customer satisfaction is not just a metric but a model for repeat business and expansion, translating into a consistent revenue stream for Teleperformance. As companies increasingly look to streamline operations and cut costs, outsourcing remains an attractive option. Teleperformance stands to gain from this trend, leveraging its expansive global presence, multilingual capabilities, and sophisticated technology platforms to deliver quality services, thus reinforcing its reputation as a leader in customer experience management.

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Last Earnings Call
Fiscal Period
Q2 2023
Call Date
Jul 26, 2023
AI Summary
Q2 2023

Revenue Growth: Teleperformance reported like-for-like revenue growth of 2.2% (0.4% reported), but 7% growth when excluding discontinued COVID contracts.

Margins: EBITDA margin improved by 30 basis points to 14.6% in H1 2023, despite macroeconomic headwinds and currency effects.

Guidance Update: Revenue growth guidance (like-for-like, ex-COVID contracts) was adjusted down to 6–8% for the full year; EBITDA margin target of 16% was confirmed.

Regional Trends: Strong growth in EMEA (10.8% like-for-like), solid momentum in Specialized Services (up 17.2%), but sluggish growth in North America/APAC (0.3%) and mixed results in LatAm.

Macro Uncertainty: Management highlighted ongoing delays in client decision-making and lower volumes, especially in the US, making forecasting difficult.

Cash Flow/CapEx: Free cash flow was €309 million, aided by disciplined CapEx (around 3% of revenue); higher interest costs weighed on net profit.

Key Financials
Revenue
€3.96 billion
EBITDA
€577 million
EBITDA Margin
14.6%
Operating Profit
€446 million
Net Profit
€271 million
Free Cash Flow
€309 million
Net Debt
€2.63 billion
Average Cost of Debt
2.8%
Average Maturity of Gross Debt
3.1 years
Earnings Call Recording
Other Earnings Calls

Management

Mr. Daniel Julien
Founder, CEO & Director
No Bio Available
Mr. Agustin Grisanti
Chief Operating Officer of Core Services
No Bio Available
Mr. Dev Mudaliar
Global Chief Information Officer
No Bio Available
Mr. Alan Winters
Chief People & Diversity Off., CAO, Deputy Chief Global Compliance Officer and Chief Privacy Off.
No Bio Available
Mr. Quy Nguyen-Ngoc M.D.
Investor Relations Director
No Bio Available
Ms. Teri O'Brien
Chief Legal & Compliance Officer
No Bio Available
Virginie Heuz
Communications Director
No Bio Available
Mr. Joao Cardoso
Chief Innovation & Digital Officer
No Bio Available
Mr. Alan Truitt
Chief Business Development Officer
No Bio Available
Mr. David Rizzo
President of Asia-Pacific (APAC) Region
No Bio Available

Contacts

Address
ILE-DE-FRANCE
Paris
21-25 Rue Balzac
Contacts