Tessi SA

08/05/2021 | Press release | Distributed by Public on 08/05/2021 10:12

Reports H1 2021 turnover of EUR 234.9m

Reports H1 2021 turnover of EUR 234.9m

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05 Aug 2021 18:00 CEST

Company Name

TESSI

ISN

FR0004529147

Market

Euronext

Symbol

TES

€m 2021 20201 Change Change
(proforma)2
Q1 turnover 115.7 108.3 +6.8% +5.9%
Q2 turnover 119.2 91.6 +30.2% +28.5%
H1 total 234.9 199.9 +17.5% +16.3%


1 2020 data excludes the Spanish businesses sold in January 2021 (see 8 January 2021 press release).

2 Calculated by including turnover generated by Proformation in 2020 before its consolidation in the Group from Q1 2021 (see 9 March 2021 press release).

Tessi, a global provider of Business Process Services, posted H1 2021 turnover of €234.9 million.

On a proforma basis², turnover was up 16.3%, bolstered by thriving business and a favourable comparison with the previous year, particularly in the second quarter, due to the impact of lockdown from mid-March 2020 onwards.

Guidance and ongoing public buyout offer

The first half has confirmed the Group's roadmap aimed at pursuing the company's development.

As announced earlier, following the purchase of Tessi shares via block trades as a result of which Pixel Holding now holds 97.4% of the share capital and 96.9% of the voting rights, on 3 June 2021 Pixel Holding announced its intention to file a public buyout offer with the French Financial Markets Authority (AMF) to be followed by a squeeze-out of Tessi's shares at a price of €172 per share (2020 exceptional dividend rights attached). As the exceptional 2020 dividend of €3.40 per share was paid out on 28 June 2021, the actual offer price is €168.60 per share on an ex-dividend basis.

Everything is going according to plan and the transaction is due to be closed in Q4 2021.

Next release
H1 2021 results, 14 September 2021 after market close.
About TESSI
Tessi is an international provider of Business Process Services that helps businesses digitise the customer experience. Tessi operates in 14 countries worldwide, has around 11,000 employees and posted 2020 turnover of €413.0 million. Tessi is listed on Euronext Paris - Compartment B (TES).

Read more at tessi.eu
Contacts
Tessi
Tel. +33 (0)4 76 70 59 10
[email protected]
Actus
Guillaume Le Floch / Investor Relations
Marie Claude Triquet / Media Relations
Tel. + 33 (0)4 72 18 04 90
[email protected] / [email protected]

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Regulated information:
Inside Information:
- News release on accounts, results

Full and original press release in PDF: https://www.actusnews.com/news/70665-tes-050821-ca-s1-2021-gb.pdf

70665_FR0004529147.pdf

Source

TESSI

Provider

ActusNewsWire