Teleperformance

Teleperformance is engaged in outsourced customer experience management. Co. delivers integrated solutions to corporations and administrative bodies worldwide to manage all aspects of the customer-relations cycle on their behalf. Co.'s activities include four core business areas: customer care (these are services provided as part of customer service management); technical support; debt collection; and business information and marketing actions. As of Dec. 31, 2013, Co. had approximately 110,000 computerized workstations across 46 countries. Co.'s client includes industries like Telecoms, Internet, Financial services, Technology/media, Insurance, Government sector and Utilities.
  • TickerRCF
  • ISINFR0000051807
  • ExchangeEuronext Paris
  • SectorSupport Services
  • CountryFrance

Analysts

Christophe Chaput

Teleperformance : Another quarter of strong growth: +9.9% LFL

>Q1 revenue ahead of expectations: € 1,271m vs. € 1,248m estimated, up 9.9% LFL - Teleperformance reported strong revenue growth in Q1, up 23.9% to 1,271m, beating our estimates (€ 1,248m) and consensus (€ 1,253m). Like-for-like, growth was robust at +9.9%, which explains the bulk of the differential with our estimates (we were anticipating +7.5% and consensus +9.2%). Over the period, the group benefited from a € 30m favourable forex effect, in line with our expectati...

Christophe-Raphaël Ganet

Teleperformance : Changes to our Top Picks List: withdrawal of Interparfums and Vétoquinol

>A pretty good start to our Top Picks List - Since its updating on 21 January, our Oddo Midcap Selected List has gained 9.8% whilst the S&Midcap indices has increased by less than 6% (Mid 60: +5.9% - Cac Mid&Small: +5.1% - Cac Small: +0.6% - 40 sales: 8.2%).In Europe, the S&Midcap indices that we track rose, on average by +4/+5% (Netherlands AMS Small Cap: +5% - Germany MDax: +4.5% - Stoxx Europe 200: +3.9% - Switzerland SMI Mid: +3.9% - FTSE Italia MidCap: +6.8%...

Christophe Chaput

Teleperformance : Feedback from road show with management in Germany: confidence in sales and profitability in 2019. Improvement also expected in the FCF

>Feedback from road show with management in Germany - At a road show with management, the group recapped on 2018, the growth prospects for 2019 and the medium term. We note the following: The relative disappointment in the 2018 FCF (€ 282m vs € 381m forecast by the consensus) is justified by: 1/ non-recurring items for € 25m (restructuring, Intelenet acquisition costs); 2/ tax payment of € 170m (vs € 147m in 2017); 3/ a WCR deterioration of € 49m, which is nevert...

Christophe-Raphaël Ganet

Téléperformance : Changement au sein de notre Top Picks List : sortie d’Interparfums et de Vétoquinol

>Plutôt bon début de parcours de notre Top Picks List - Depuis sa mise à jour le 21 janvier, notre Sélection Oddo Midcap a progressé de 9,8% pendant que les indices S&Midcap progressaient de moins de 6% (Mid 60 : +5.9% - Cac Mid&Small : +5.1% - Cac Small : +0,6% - CA 40 : 8.2%).En Europe, les indices S&Midcap que nous surveillons ont progressé, en moyenne, autour de +4/+5% (Netherlands AMS Small Cap : +5% - Germany MDax : +4.5% - Stoxx Europe 200 : +3.9% - Switze...

Christophe Chaput

Téléperformance : Feedback RS management en Allemagne : confiance sur l’activité et la profitabilité en 2019. Amélioration également attendue du FCF

>Feedback RS management en Allemagne - A l’occasion d’un roadshow avec le management, le groupe est revenu sur son exercice 2018 et ses perspectives de croissance pour 2019 et à moyen terme. Pour notre part, nous retiendrons : La relative déception au niveau du FCF 2018 (282 M€ vs 381 M€ attendus par le css) s’explique par : 1/ des éléments non récurrents pour 25 M€ (restructuration ; couts acquisition Intelenet) ; 2/ des impôts décaissés pour 170 M€ (vs 147 M€ e...

1 director sold

A director at Teleperformance sold 1,000 shares at 164.250EUR and the significance rating of the trade was 63/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of boar...

Alain William ...
  • Aurelien Sivignon
  • Benoit Valleaux
  • Charles Lepetitpas
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Emmanuel Matot
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Louis Boujard
  • Nicolas David
  • Philippe Ourpatian
  • Roland Pfaender
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 04/25/2019

...

Ahmed Ben Salem ...
  • Benoit Valleaux
  • Charles Lepetitpas
  • Christophe Chaput
  • Emira Sagaama
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • Jean Sassus
  • Laurence Hofmann
  • Matthias Desmarais
  • Michael Foundoukidis
  • Nicolas David
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 04/25/2019

...

Alain William ...
  • Aurelien Sivignon
  • Benoit Valleaux
  • Charles Lepetitpas
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Emmanuel Matot
  • Jean-François Granjon
  • Jeremy Garnier
  • Jerôme Bodin
  • Louis Boujard
  • Nicolas David
  • Philippe Ourpatian
  • Roland Pfaender
  • Stephane Houri

ODDO BHF Small & MIDCAP MORNING NEWS - 25/04/2019

...

Ahmed Ben Salem ...
  • Benoit Valleaux
  • Charles Lepetitpas
  • Christophe Chaput
  • Emira Sagaama
  • Emmanuel Matot
  • Florent Laroche-Joubert
  • Jean Sassus
  • Laurence Hofmann
  • Matthias Desmarais
  • Michael Foundoukidis
  • Nicolas David
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 25/04/2019

...

Christophe Chaput ...
  • Christophe-Raphaël Ganet
  • Fatma Agnès Hamdani
  • Geoffroy Michalet
  • Hela Zarrouk
  • Jean-François Granjon
  • Jeremy Garnier
  • Oussema Denguir
  • Pierre Corby

ODDO BHF Small & MIDCAP MORNING NEWS - 03/08/2019 Date Performance since listing Date Performance since listing

Sixt Leasing, an independent player in the German vehicle leasing and fleet management market, stands out for its strong momentum in the online retail and fleet management segments and its capacity to handle the diesel risk effectively. These strengths should pave the way for buoyant growth over the coming years (2018-2021e CAGR of +8% for revenue and 15% for pre-tax profit) and a rerating of the stock (target price € 18.1, i.e. 34% upside). We are initiating coverage of the stock wit...

TELEPERFORMANCE increases its risk exposure and slightly lowers to Neutral

TELEPERFORMANCE (FR), a company active in the Computer Services industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 3 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date February 8, 2019, the closing price was EUR 149.60 and its expected value was estimated at EUR 145.24.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

MarketLine Department

Convergys Corporation - Strategy, SWOT and Corporate Finance Report

Convergys Corporation - Strategy, SWOT and Corporate Finance Report Summary Convergys Corporation - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Convergys Corporation (Convergys or "the company") is engaged in customer experience outsourcing. The company provides solutions across the customer lifecycle, including sales, customer service, technical support, cus...

GlobalData Department

Teleperformance S.A. (RCF) - Financial and Strategic SWOT Analysis Review

Teleperformance S.A. (RCF) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better. The profile contains critical company information including: - Business description – A detailed descr...

Charles Pinel

Téléperformance - Assemblée générale des actionnaires du 09 mai 2019

Cette année encore, la rémunération de Daniel Julien, Président-Directeur général, est trop élevée avec un montant de 4,5 M€. Contestée en 2018 avec un taux d'approbation de seulement 71,5%, il est proposé plusieurs modifications à la politique de rémunération dont la mise en place d'une attribution annuelle d'actions de performance contre tous les trois ans précédemment. Cette mesure a pour objectif notamment de réduire la proportion de la part fixe qui est très élevée. Elle a surtout un caractère inflationniste selon Proxinvest. Dans ces conditions, les résolutions portant sur les rémunérati...

Expert Corporate Governance Service (ECGS)

Teleperformance - AGM 09 May 2019

Once again this year, the remuneration of Daniel Julien, Chairman-CEO, is excessive at € 4.5 M. Contested in 2018 with an approval rate of only 71.5%, several changes to the compensation policy are proposed, including the implementation of an annual allocation of performance shares instead of every three years previously. One of the objectives of this measure is to reduce the proportion of the fixed remuneration, which is very high. According to ECGS, it is mainly inflationary. Under these conditions, the resolutions concerning the compensation of the two executive corporate officers will not ...

Teleperformance – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Charles Pinel

Proxy Report - 20/04/2018

The company is experiencing a change in governance structure: Mr. Daniel César Salles Vasques resigned as Chief Executive Officer and Director in October 2017. In this context, Mr. Daniel Julien was appointed Chairman and Chief Executive Officer and Mr. Olivier Rigaudy was appointed Deputy Chief Executive Officer on October 13, 2017, the latter retains his employment contract and his functions as Group Chief Financial Officer. We are generally not in favor of the combination of the positions of CEO and Chairman. Exceptions to this role can be made if the company has implemented checks to the ...

Charles Pinel

Proxy Report - 20/04/2018

La société connait un changement de la structure de gouvernance : Paulo César Salles Vasques a démissionné de ses fonctions de Directeur Général et d’administrateur en octobre 2017. Dans ce cadre, Daniel Julien a été nommé Président-Directeur Général et Olivier Rigaudy a été nommé Directeur Général Délégué le 13 octobre 2017, ce dernier conserve toutefois son contrat de travail et ses fonctions de Directeur Financier Groupe. Toutefois, Proxinvest n'est pas favorable à la réunification des fonctions et malgré la mise en place de contre-pouvoirs, nous attendons toujours que le Président propose ...

Valérie GASTALDY

Short term view - TELEPERFORMANCE : The trend is uncertain.

The trend is uncertain. Prices are falling, but the trend is lacking power for the time being. The next support is at €141.10.

Valérie GASTALDY

Analyse court terme - TELEPERFORMANCE : La tendance est incertaine.

La tendance est incertaine. Les cours baissent, mais la tendance manque de puissance pour le moment. Le prochain support est à 141,10 €.

Valérie GASTALDY

Short term view - TELEPERFORMANCE : Falling prices.

The trend is uncertain. Prices are falling and they may accelerate to the downside. A new bearish trend is attempting to emerge.

Valérie GASTALDY

Analyse court terme - TELEPERFORMANCE : Les cours baissent.

La tendance est incertaine. Les cours baissent, et il y a une possibilité d'accélération baissière. Une nouvelle tendance baissière tente de démarrer.

Valérie GASTALDY

Analyse moyen terme - TELEPERFORMANCE : La tendance de fond est clairement orientée à la hausse.

La tendance de fond est clairement orientée à la hausse. La correction en cours gagne en vigueur. Il est trop tôt pour parler de retournement baissier. La tendance serait invalidée sous le support à 131,90 €.

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