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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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MNI China Daily Summary: Thursday, Feb 6
TECHNOLOGY: Teleperformance Q3 Revenues Soft; FY Guidance Confirmed
RCFFP
- Q3 revenue +3% LFL (vs. BBG cons +3.65%) for 9M23 +2.1%
- Core Services +1.6% YoY (vs. c.+2.2%; ~85% of the business) with Americas +0.3% and Europe +2.8% (roughly half of core services each). Specialized services +11.6% (vs. c.+10.4%; remaining 15%).
- Majorel integration proceeding as planned; update to come at FY24
- FY guidance of 2-4% LFL growth confirmed.
- “We do believe that we have a very robust balance sheet with leverage, which will be less than 2x EBITDA.” (from 2.11x at H1)
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Sign up now for free trial access to this content.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.