{"id":19413,"date":"2021-08-05T18:07:33","date_gmt":"2021-08-05T16:07:33","guid":{"rendered":"https:\/\/www.tessi.eu\/?p=19413\/"},"modified":"2021-08-09T11:55:53","modified_gmt":"2021-08-09T09:55:53","slug":"tessi-reports-h1-2021-turnover-of-e234-9m","status":"publish","type":"post","link":"https:\/\/www.tessi.eu\/en\/tessi-reports-h1-2021-turnover-of-e234-9m\/","title":{"rendered":"Tessi reports H1 2021 turnover of \u20ac234.9M"},"content":{"rendered":"<table width=\"100%\" style=\"font-weight: bold;\">\n<tr>\n<td><em>\u20acm<\/em><\/td>\n<td align=\"center\">2021<\/td>\n<td align=\"center\">2020<sup>1<\/sup><\/td>\n<td align=\"center\">Change<\/td>\n<td align=\"center\">Change<br \/>(proforma)<sup>2<\/sup><\/td>\n<\/tr>\n<tr>\n<td>Q1 turnover<\/td>\n<td align=\"center\">115.7<\/td>\n<td align=\"center\">108.3<\/td>\n<td align=\"center\">+6.8%<\/td>\n<td align=\"center\">+5.9%<\/td>\n<\/tr>\n<tr>\n<td>Q2 turnover<\/td>\n<td align=\"center\">119.2<\/td>\n<td align=\"center\">91.6<\/td>\n<td align=\"center\">+30.2%<\/td>\n<td align=\"center\">+28.5%<\/td>\n<\/tr>\n<tr>\n<td>H1 total<\/td>\n<td align=\"center\">234.9<\/td>\n<td align=\"center\">199.9<\/td>\n<td align=\"center\">+17.5%<\/td>\n<td align=\"center\">+16.3%<\/td>\n<\/tr>\n<\/table>\n<p>&nbsp;<br \/>\n<em style=\"font-size: 12px; line-height: 12px;\"><sup>1<\/sup> 2020 data excludes the Spanish businesses sold in January 2021 (see 8 January 2021 press release).<\/em><br \/>\n<em style=\"font-size: 12px; line-height: 12px;\"><sup>2<\/sup> Calculated by including turnover generated by Proformation in 2020 before its consolidation in the Group from Q1 2021 (see 9 March 2021 press release).<\/em><br \/>\n&nbsp;<br \/>\nTessi, a global provider of Business Process Services, posted H1 2021 turnover of \u20ac234.9 million.<br \/>\nOn a proforma basis<sup>2<\/sup>, turnover was up 16.3%, bolstered by thriving business and a favourable comparison with the previous year, particularly in the second quarter, due to the impact of lockdown from mid-March 2020 onwards.<\/p>\n<h3>Guidance and ongoing public buyout offer<\/h3>\n<p>The first half has confirmed the Group\u2019s roadmap aimed at pursuing the company\u2019s development.<br \/>\nAs announced earlier, following the purchase of Tessi shares via block trades as a result of which Pixel Holding now holds 97.4% of the share capital and 96.9% of the voting rights, on 3 June 2021 Pixel Holding announced its intention to file a public buyout offer with the French Financial Markets Authority (AMF) to be followed by a squeeze-out of Tessi\u2019s shares at a price of \u20ac172 per share (2020 exceptional dividend rights attached). As the exceptional 2020 dividend of \u20ac3.40 per share was paid out on 28 June 2021, the actual offer price is \u20ac168.60 per share on an ex-dividend basis.<br \/>\nEverything is going according to plan and the transaction is due to be closed in Q4 2021.<\/p>\n<h3>Next release<\/h3>\n<p>H1 2021 results, 14 September 2021 after market close.<br \/>\n&nbsp;<\/p>\n<div class=\"button-wrapper anim-element translate-y t150\"><a class=\"btn-new btn-border-degrade\" title=\"Tessi - H1 2021 turnover\" href=\"https:\/\/www.tessi.eu\/wp-content\/uploads\/2021\/08\/tessi-210805-ca-s1-en-1.pdf\" target=\"_blank\" rel=\"noopener\"><span class=\"btn-border-degrade-content\"><span class=\"text\">Download the press release<\/span><\/span><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u20acm 2021 20201 Change Change(proforma)2 Q1 turnover 115.7 108.3 +6.8% +5.9% Q2 turnover 119.2 91.6 +30.2% +28.5% H1 total 234.9 199.9 +17.5% +16.3% &nbsp; 1 2020 data excludes the Spanish businesses sold in January 2021 (see 8 January 2021 press release). 2 Calculated by including turnover generated by Proformation in 2020 before its consolidation in [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":11940,"comment_status":"closed","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[132,105],"tags":[],"class_list":["post-19413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financier-2","category-news-2"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v27.1.1) - 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