TESSI: 9-month 2020 turnover: EUR 347.5m

€m	2020	2019	Change	Change (proforma like-for-like)1
H1 turnover	230.4	228.9	+0.6%	-9.6%
Q3 turnover	117.2	106.9	+9.7%	-2.7%
Total 9-month turnover	347.5	335.8	+3.5%	-7.4%

¹ calculated by including in 2019 the pre-consolidation turnover generated by Orone and ADM Value

Tessi, a global provider of Business Process Services, posted Q3 2020 turnover of €117.2 million. On a proforma like-for-like basis¹, turnover was down 2.7% versus Q3 2019. The discontinued Spanish business contributed €15.2 million to Q3 2020 turnover compared to €18.9 million in Q3 2019.

Turnover for the first nine months of 2020 amounted to €347.5 million. On a proforma like-for-like basis¹, turnover for the same period was down 7.4%. The discontinued Spanish business contributed €45.6 million to 9-month 2020 turnover compared to €63.3 million in 2019.

Guidance

The trend observed in the third quarter has continued into the fourth quarter. However, given the current resurgence of the pandemic and reintroduction of lockdown measures in Europe, the Group remains prudent regarding its outlook and will continue to keep a close eye on expenses.

Next release 2020 turnover, 8 February 2021 after market close
About TESSI Tessi is an international provider of Business Process Services that helps businesses to digitise the customer experience. Tessi operates in 14 countries worldwide, has around 9,400 employees and posted 2019 turnover of €452.0 million (data excluding ADM Value). Tessi is listed on Euronext Paris - Compartment B (TES). Read more at tessi.eu
Contacts Tessi Tel. [phone] [e-mail]	Actus Guillaume Le Floch / Investor Relations Marie Claude Triquet / Media Relations Tel. + 33 (0)4 72 18 04 90 [e-mail] / [e-mail]

------------------------This publication embed "Actusnews SECURITY MASTER".
- SECURITY MASTER Key: yZtvk5VqlG3ImW1rlJ6ZnJRpmWxqlGObmGrIlmVsZsyYmmxhmW6Um5WaZm9nlWdo
- Check this key: https://www.security-master-key.com.------------------------Full and original release in PDF format:
https://www.actusnews.com/documents_communiques/ACTUS-0-66022-tes-051120-ca-t3-2020-gb.pdf
© Copyright Actusnews Wire
Receive by email the next press releases of the company by registering on www.actusnews.com, it's free