Teleperformance: Q1 sales up 26%

(CercleFinance.com) - Teleperformance reports sales of E2,542m for Q1, up 26.
7% y-o-y on a reported basis (or +0.9% pro-forma), which is at the high end of the group's expectations.

Teleperformance notably points to the active pursuit of offshore business development, especially in India for the North American market, and the good momentum recorded in financial services and the automotive sector.

The company confirms its financial targets for 2024, namely pro-forma sales growth of between +2% and +4%, and an increase in recurring EBITA margin of between +10bp and +20bp on a pro-forma basis.

Teleperformance also anticipates an increase in net free cash flow and a continued return to shareholders of up to 2/3 of net free cash flow, including share buybacks and dividends paid.


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