Teleperformance Ord (TLPFF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to TP 2025 Annual 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 Thomas Mackenbrock, Deputy CEO. Please go ahead. Good evening, everybody. Welcome to our 2025 results presentation. And as you have probably seen, we have a lot of news to share. As always with me in the room is Olivier Rigaudi, my dear colleague and CFO of the group. And we have a special guest today, Jorge Amar, our incoming new CEO for the group, who will present and introduce himself later today. But let's first have a look at the agenda for today's call and what we will cover in the next 50, 60 minutes or so. First, I will give you an update on the key highlights of 2025. provide a strategy update of where we stand today with the implementation of our future forward plan and an outlook for the future. Olivier, as always, will cover in detail the financial results and at the end we have ample space for Q&A. Let's look at the key highlights and let's focus first on the financial aspect and then talk about in a second step about some of the strategy and government changes we're seeing. 2025 has been a turbulent year for the world and for our industry, but we at STP have delivered solid results. And as you have seen in our press release, we have met all our updated 2025 objectives. If you see on the group revenue, we're reporting again a bit over $10 billion in net revenue, and we have grown on a like-for-like basis, excluding the hyperinflation effect of 1.3%. If you exclude that 1% on a reported basis, giving the weak U.S. dollars minus 0.7%. It's particula...