Teleperformance Reports Sequential Revenue Improvement in H1 2026

Earnings
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Summary · why it matters

Teleperformance SE reported a like-for-like revenue decline of 1.7% in the first half of 2026, with sequential improvement from a 2.2% drop in the first quarter to a 1.2% decline in the second quarter. Core services revenue fell 1.3% on a like-for-like basis, though excluding the Trust and Safety vertical it grew 2.3%. EBITA margin held steady at 13.6%, supported by cost controls and AI efficiency programs, while net free cash flow before restructuring costs rose to 299 million euros. Restructuring costs reached 109 million euros in the half, and the full-year guidance was raised to between 120 million and 140 million euros. The company confirmed its full-year revenue guidance of 0% to 2% like-for-like growth and increased its efficiency savings target to 150 million to 170 million euros.

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Teleperformance SE
TEP
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Sequential revenue improvement, steady EBITA margin, raised efficiency savings target, and confirmed full-year guidance indicate financial stability and cost control.