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Teleperformance: stock up after MT targets announced

( - The global outsourcing company Teleperformance is up just over 1% after announcing higher medium-term financial targets (2020-2022), which it provided at a CMD in Santa Clara, in the heart of Silicon Valley.

The group expects revenues to reach at least 6.5 billion euros, excluding acquisitions, in 2022, representing average organic growth of at least 7% per year, with about seven billion euros when including targeted acquisitions.

Teleperformance also anticipates its EBITA margin to increase by an average of at least 10 bp p.a. over the period, as well as a robust and continued generation of net free cash flow.

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