Teleperformance has published sales of 2,542 ME for the 1st quarter, up 26.7% on a reported basis compared with the same period a year earlier (or +0.9% on a pro forma basis), which is at the high end of the Group's expectations.

Teleperformance highlights in particular the continued active development of offshore activities, notably 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 +10 bps and +20 bps 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 buy-backs and dividends paid.

'In addition, we continue to successfully integrate Majorel's activities within Teleperformance. With a cost synergy plan now well underway, we confirm our objective of achieving 150 million euros in synergies by 2025', emphasized Daniel Julien, Chairman and CEO of the Teleperformance Group.

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