Informationen und Neuigkeiten von Tessi per E-Mail erhalten
Die Datenverarbeitung von Tessi verfolgt diese Ziele: Versand von Geschäftsinformationen und/oder Benachrichtigungen und/oder erbetenen Dokumenten, Verwaltung der Beziehung zu unseren (potenziellen) Kunden und/oder Partnern, technische und/oder Vertriebsunterstützung, Ergänzung/Aktualisierung der Datenbanken von (potenziellen) Kunden, Durchführung von Statistiken, Analysen und Publikumsforschung, Weitere Informationen zu Ihren Rechten finden Sie auf unserer Seite zum Schutz personenbezogener Daten.
Felder mit einem * müssen ausgefüllt werden
Fehler: Kontaktformular wurde nicht gefunden.
1 – 2020 figures are presented in accordance with IFRS 5 for comparison purposes, with the Spanish businesses sold in January 2021 only consolidated under net income/loss from discontinued operations. 2 – Calculated by including financial data generated by Proformation in 2020 before its consolidation in the Group from Q1 2021 (see 9 March 2021 press release).
Tessi, a global provider of Business Process Services, posted first half 2021 turnover of €234.9 million. On a proforma basis², turnover was up 16.3%, bolstered by thriving business and a favourable comparison with the previous year due to the impact of lockdown from mid-March 2020 onwards.
Current operating income rose to €30.5 million. On a proforma basis², current operating income increased 56.2% compared to the first half of 2020. The upturn in business under more normal conditions led to better absorption of operating expenses, thereby resulting in a high current operating margin of 13.0%.
Operating income amounted to €30.1 million including €400,000 non-recurring expenses.
After a net financial expense of €5.2 million and an €8.5 million tax charge, net income came to €16.3 million, giving a net margin of 6.9% for the period.
Operating cash flow amounted to €13.0 million in the first half. This comprises €34.8 million in gross operating cash flow, less a €21.9 million increase in working capital mainly due to a temporary decline arising from the early year change of ERP system and increasing business.
This cash inflow covered Group capital expenditure for the period, which was kept down to €9.2 million. Accordingly, free cash flow amounted to €3.8 million. Net debt stood at €200.6 million at 30 June 2021, stable compared to 31 December 2020, including €46.1 million in lease liabilities (IFRS 16).
The first half has confirmed the Group’s roadmap aimed at pursuing the company’s development. Following the purchase of Tessi shares via block trades as a result of which Pixel Holding now holds 97.3% of the share capital and 96.9% of the voting rights, on 14 September 2021 Pixel Holding filed a public buyout offer with the French Financial Markets Authority (AMF) to be followed by a squeeze-out of Tessi’s shares at a price of €168.60 per share (2020 exceptional dividend rights detached).
The provisional calendar for the Offer currently has the offer period opening on 28 October 2021.
Das Beste von Tessi, jede Woche in Ihrem Briefkasten!
Ihre E-Mail-Adresse wird verwendet, um Ihnen Informationen über die Tessi-Gruppe, ihre Aktivitäten und Produkte zuzusenden. Den im Newsletter integrierten Abmeldelink können Sie jederzeit nutzen.
Ihre angaben