Teleperformance: Upgraded Credit Rating
November 22 2021 - 11:45AM
Business Wire
Standard & Poor’s upgrades Teleperformance to BBB, the
highest credit rating received in the industry
Regulatory News:
Teleperformance (Paris:TEP), a leading global group in digitally
integrated business services, announced today that its public
long-term corporate credit rating has been upgraded. Standard &
Poor's (S&P) has assigned Teleperformance SE an investment
grade rating of BBB with a stable outlook, vs. BBB- previously.
This reflects Teleperformance’s leading market position
worldwide, good service capabilities, strong operating performance,
compelling prospects driven by digital transformation, and solid
cash flow generation. These key differentiating assets enable the
Group to maintain a much higher organic growth rate than the
industry average and to deleverage after undertaking several
significant acquisitions in recent years.
Teleperformance Chairman and Chief Executive Officer Daniel
Julien said: “We are delighted and proud to announce that
Teleperformance has won further recognition from our partners as a
strong company. Our upgraded credit rating by S&P is the
highest received in the industry. It confirms the ongoing
confidence of the financial community in Teleperformance’s business
model and in its ability to develop its activities worldwide while
maintaining solid financials.”
ABOUT TELEPERFORMANCE GROUP
Teleperformance (TEP – ISIN: FR0000051807 – Reuters: TEPRF.PA
- Bloomberg: TEP FP), a leading global group in digitally
integrated business services, serves as a strategic partner to
the world’s largest companies in many industries. It offers a One
Office support services model combining three wide, high-value
solution families: customer experience management, back-office
services and business process knowledge services. These end-to-end
digital solutions guarantee successful customer interaction and
optimized business processes, anchored in a unique, comprehensive
high tech, high touch approach. The Group's 380,000+ employees,
based in 83 countries, support billions of connections every year
in over 265 languages and over 170 markets, in a shared commitment
to excellence as part of the “Simpler, Faster, Safer” process. This
mission is supported by the use of reliable, flexible, intelligent
technological solutions and compliance with the industry’s highest
security and quality standards, based on Corporate Social
Responsibility excellence. In 2020, Teleperformance reported
consolidated revenue of €5,732 million (US$6.5 billion, based on €1
= $1.14) and net profit of €324 million.
Teleperformance shares are traded on the Euronext Paris market,
Compartment A, and are eligible for the deferred settlement
service. They are included in the following indices: CAC 40, CAC
Support Services, STOXX 600, S&P Europe 350 and MSCI Global
Standard. In the area of corporate social responsibility,
Teleperformance shares are included in the Euronext Vigeo Eurozone
120 index, the FTSE4Good index and the Solactive Europe Corporate
Social Responsibility index (formerly Ethibel Sustainability
Excellence Europe index).
For more information: www.teleperformance.com Follow us on
Twitter: @teleperformance
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version on businesswire.com: https://www.businesswire.com/news/home/20211122006437/en/
FINANCIAL ANALYSTS AND INVESTORS Investor relations and
financial communication department TELEPERFORMANCE Tel: +33 1 53 83
59 15 investor@teleperformance.com
PRESS RELATIONS Europe Laurent Poinsot – Karine
Allouis IMAGE7 Tel: +33 1 53 70 74 70 teleperformance@image7.fr
PRESS RELATIONS Americas and Asia-Pacific Mark
Pfeiffer TELEPERFORMANCE Tel: + 1 801-257-5811
mark.pfeiffer@teleperformance.com
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