{"id":12148,"date":"2020-05-06T18:00:03","date_gmt":"2020-05-06T16:00:03","guid":{"rendered":"https:\/\/www.tessi.eu\/?p=12148\/"},"modified":"2020-05-06T18:24:02","modified_gmt":"2020-05-06T16:24:02","slug":"tessi-reports-q1-2020-turnover","status":"publish","type":"post","link":"https:\/\/www.tessi.eu\/en\/tessi-reports-q1-2020-turnover\/","title":{"rendered":"Tessi reports Q1 2020 turnover of \u20ac126 million (up 9.8%)"},"content":{"rendered":"\n\n\n\n
\u20acm<\/em><\/td>\n2020<\/strong><\/td>\n2019<\/strong><\/td>\nChange<\/strong><\/td>\nOrganic <\/strong>change<\/strong><\/td>\n<\/tr>\n
Turnover<\/td>\n126.4<\/td>\n115.0<\/td>\n+9.8%<\/td>\n-4.6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Tessi, a global provider of Business Process Services, posted first quarter 2020 turnover of \u20ac126.4 million, up 9.8% from Q1 2019. Recent acquisitions (ADM Value and Orone) contributed \u20ac16.5 million to first quarter turnover.<\/p>\n

Despite a strong start to the year, turnover fell 4.6% at constant consolidation scope due to the impact of the COVID-19 health crisis in March. Restrictions on movement in countries where the Group operates are significantly affecting operations.<\/p>\n

The impact will inevitably be more pronounced in the second quarter, following a sharp downturn in April (down 35-40% like-for-like). The gradual lifting of restrictions should enable a steady recovery in business over the coming weeks.<\/p>\n

Tessi is constantly adapting its cost structure and workforce through arrangements such as short-time working, in order to curb the impact on its financial performance and minimise the decrease in current operating income compared to H1 2019.<\/p>\n

Tessi will keep the market informed of all significant developments impacting its business.<\/p>\n

<\/form>\n","protected":false},"excerpt":{"rendered":"

\u20acm 2020 2019 Change Organic change Turnover 126.4 115.0 +9.8% -4.6% Tessi, a global provider of Business Process Services, posted first quarter 2020 turnover of \u20ac126.4 million, up 9.8% from Q1 2019. Recent acquisitions (ADM Value and Orone) contributed \u20ac16.5 million to first quarter turnover. Despite a strong start to the year, turnover fell 4.6% […]<\/p>\n","protected":false},"author":11,"featured_media":11940,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-12148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financier-2"],"acf":[],"yoast_head":"\nTessi reports Q1 2020 turnover of \u20ac126 million (up 9.8%) - Tessi International<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tessi.eu\/en\/tessi-reports-q1-2020-turnover\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tessi reports Q1 2020 turnover of \u20ac126 million (up 9.8%)\" \/>\n<meta property=\"og:description\" content=\"\u20acm 2020 2019 Change Organic change Turnover 126.4 115.0 +9.8% -4.6% Tessi, a global provider of Business Process Services, posted first quarter 2020 turnover of \u20ac126.4 million, up 9.8% from Q1 2019. 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