Teleperformance posts 3% rise in Q3 revenue on strength across sectors
Adds details about regional segments in paragraphs 5, 6, 7
By Leo Marchandon and Mara Vilcu
Nov 6 (Reuters) -Teleperformance TEPRF.PA reported a 3% rise in third-quarter revenue on a pro forma basis on Wednesday, driven by demand for its services across verticals, including banking and financial, automotive, and technology.
Last year, Teleperformance bought rival Majorel for 3 billion euros, aiming to incorporate the Dutch group's investments in digital services into its in-house AI solutions.
The integration of Majorel is well on track, according to the company.
"It is contributing to the acceleration of our sales," Deputy CEO Olivier Rigaudy said on a call.
Activities in the Americas ticked 0.3% higher on a pro forma basis, after declining 3.1% in the first quarter and 0.3% in the second, powered by the ramp-up of major new contracts in banking and financial services.
Rigaudy said the upswing in the region was a "very positive signal".
The company's Europe, Middle East and Africa, and Asia-Pacific segment grew 2.8% on a pro forma basis after rising 2.4% in the second quarter, propelled by its multilingual activities.
The French office services and call centre company reported revenue of 2.52 billion euros ($2.71 billion), compared with 1.99 billion euros a year earlier.
Teleperformance also confirmed its forecast for full-year 2024.
($1 = 0.9314 euros)
Reporting by Leo Marchandon and Mara Vîlcu; Editing by Anil D'Silva
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