Teleperformance confirms its 2022 objectives after 15% growth in the first half


PARIS (Agefi-Dow Jones)–Call center manager Teleperformance on Wednesday confirmed its financial targets for 2022 after posting 5.5% like-for-like growth in the first half.

For 2022, Teleperformance still expects recurring organic growth – excluding the impact of Covid assistance contracts – in its revenue of more than 10% and aims for a 30 basis point increase in its current operating margin. The group is also counting on organic growth of more than 5% and intends to continue targeted acquisitions, “creating value and aiming to strengthen its high value-added activities”.

Over the first six months of the year, Teleperformance achieved a turnover of 3.94 billion euros, up 15% on a reported basis compared to the corresponding period of last year.

“The organic growth recorded during the first half was particularly strong in view of the expected impact of the lower contribution of Covid assistance contracts in 2022 compared to 2021 (-266 million euros in the first half)” , said Teleperformance. “Restated for this non-recurring impact, organic growth was 12.9%,” said the call center manager.

This dynamic “is based on the continued structural digitization of the market as well as on the solidity and diversification of the group’s client portfolio”, indicated Teleperformance. “In particular, the social media, healthcare and travel sectors have grown rapidly,” the group added.

Net income group share amounted to 274 million euros in the first half, compared to 255 million euros for the corresponding period of 2021. Current gross operating profit (Ebitda) reached 792 million euros. euros, against 678 million euros a year earlier.

According to the consensus achieved by FactSet, analysts on average expected a net profit of 278 million euros and a turnover of 3.95 billion euros.

-Eric Chalmet, Agefi-Dow Jones; +33 (0)1 41 27 47 95; [email protected] ed: VLV

TELEPERFORMANCE FINANCIAL RELEASES:

http://www.teleperformance.fr/fr-fr/relations-investors/communiques-de-presse-et-documentation/communiques-de-presse

Agefi-Dow Jones The financial newswire

Dow Jones Newswires

July 27, 2022 12:44 ET (16:44 GMT)



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