Teleperformance Ord (TLPFF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to TP 2025 first half results conference call. For the first part of the conference call, the participants will be in listen-only mode. During the questions and answers session, participants are able to ask questions by dialing pound key five on their telephone keypad. Now I will hand the conference over to the speakers, Thomas McEnbrock, Deputy CEO, and Olivier Rigotti, Deputy CEO and Group CFO. Please go ahead. Good evening, everybody. Olivier and myself are very happy to be with you this evening and share with you our H1 2025 results and, of course, answer all your questions after the short presentation. Let's deep dive into the presentation and let's have a look at key highlights of our business in the first half of 2025. Olivier will then give a deep dive on our financials for the year. We provide the outlook for 2025 as always, and of course, answer all open questions. How did the first six months of 25 look like? It was a good half year for us. Of course, there were the challenges on the FX side, but overall, we are very pleased with the development in particular in our core services. If you look at the numbers, we really have a story of two tails. On the one hand, as you can see, our core services demonstrated strong growth of almost 3% like for like. And in particular, in our important EMEA APEC region, we have seen revenue like for like growth of almost 5%. In particular interesting, we see an acceleration. As you remember in our Q1 presentation, we were already pleased with the development in our core businesses, and we have demonstrated further growth momentum in Q2. We're working hard on all the AI implementation, and we really see the resiliency of our core business process services. And as you can see, 3.5% growth in Q2 versus 2.3% growth in Q1...