{"id":48239,"date":"2026-07-30T20:45:00","date_gmt":"2026-07-30T18:45:00","guid":{"rendered":"http:\/\/www.businesswire.com\/news\/home\/20260730760872\/en\/TP%C2%A02026-First-Half-Results\/?feedref=Zd8jjkgYuzBwDixoAdXmJgT1albrG1Eq4mAeVP39212bri8lIe-zl5tWvCOnRHW3evRMp3sIgu8q3wq1OF24lT93qbEzrwa15HGbLqMObxY5fjCLYi_If30KxIsYuhwbuLAuCkn8FS6sh-I3dfDZEg=="},"modified":"2026-07-30T20:45:00","modified_gmt":"2026-07-30T18:45:00","slug":"tp-2026-first-half-results","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=48239","title":{"rendered":"TP:\u00a02026 First Half Results"},"content":{"rendered":"<p>\n<b>Sequential revenue improvement throughout H1 2026 reflecting continued transformation progress; 2026 objectives confirmed with commercial momentum building <\/b><\/p><p>PARIS--(BUSINESS WIRE)--Regulatory News:<\/p><p>\nThe Board of Directors of TP (Paris:TEP), a global leader in digital business services, met today and reviewed the consolidated financial statements for the six months ended June 30, 2026.<\/p><ul class=\"bwlistdisc\">\n<li>\n<b>Q2 2026 like-for-like<sup>1<\/sup> group revenue showing sequential improvement: down -1.2% after -2.2% in Q1<\/b><\/li>\n<li>\n<b>H1 2026 revenue of \u20ac4,883 million, down -1.7% LFL like-for-like including a positive hyperinflation effect of 0.2% (reported -4,5%)<\/b><\/li>\n<li>\n<b>Core Services down -1.0 % LFL in Q2 2026 (after -1.7% LFL in Q1) sustained by back-office and AI-powered solutions offset by continued softness in Trust &amp; Safety Line of Business<\/b><\/li>\n<li>\n<b>H1 2026 underlying revenue growth excl. Trust &amp; Safety: 1.7% LFL for the group and 2.3% for the Core Services<\/b><\/li>\n<li>\n<b>Stabilization of the Specialized Services, down -2.4% LFL in Q2 2026 (after -5.5% LFL in Q1)<\/b><\/li>\n<li>\n<b>Stable H1 2026 recurring EBITA margin: 13.6%, to \u20ac662 million resulting from strict SG&amp;A management and internal AI efficiencies<\/b><\/li>\n<li>\n<b>H1 2026 net free cash flow excluding non-recurring cash-outs: \u20ac299 million (+\u20ac 20 million vs. H1 2025)<\/b><\/li>\n<li>\n<b>Enhanced financial discipline with efficiency program expanded to generate annual run-rate savings between \u20ac150m and \u20ac170m, of which half to be recorded in 2026 and 2026 restructuring costs now expected between \u20ac120m and \u20ac140m<\/b><\/li>\n<li>\n<b>2026 financial targets confirmed<\/b><\/li>\n<li>\n<b>Taking social responsibility to a new level by elevating employee engagement practices<\/b><\/li>\n<\/ul><p>\n<b><i>INTERIM FINANCIAL HIGHLIGHTS<\/i><\/b><\/p><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignb bwtopsingle bwpadl0 bwwidth49\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<i>\u20ac millions<\/i><\/p><\/td><td class=\"bwvertalignt bwtopsingle bwpadl0 bwrowaltcolor1 bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>H1 2026<\/b><\/p><\/td><td class=\"bwvertalignt bwtopsingle bwpadl0 bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>H1 2025<sup>1<\/sup><\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwvertalignb bwsinglebottom bwpadl0 bwwidth49\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwrowaltcolor1 bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>\u20ac1=US$1.17<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>\u20ac1=US$1.09<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwwidth49\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Revenue<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwrowaltcolor1 bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>4,883<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>5,116<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth49 bwpadl20 bwvertalignb bwpadr0 bwalignl\" colspan=\"1\" rowspan=\"3\"><p class=\"bwcellpmargin bwalignl\">\n<i>Reported growth<\/i><\/p><p class=\"bwcellpmargin bwalignl\">\n<b><i>Like-for-like growth <sup>(<\/sup><\/i><sup><i>1<\/i><i>)<\/i><\/sup><\/b><\/p><\/td><td class=\"bwpadl0 bwrowaltcolor1 bwwidth25 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"3\"><p class=\"bwalignr bwcellpmargin\">\n<i>-4.5 %<\/i><\/p><p class=\"bwalignr bwcellpmargin\">\n<b><i>-1.7% <sup>(2)<\/sup><\/i><\/b><\/p><\/td><td class=\"bwpadl0 bwwidth25 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"3\"><p class=\"bwalignr bwcellpmargin\">\n<i>+0.8 %<\/i><\/p><p class=\"bwalignr bwcellpmargin\">\n<b><i>+1.5%<\/i><\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwwidth49\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nEBITDA before non-recurring items<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwrowaltcolor1 bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n907<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n958<\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwwidth49\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n% of revenue<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwrowaltcolor1 bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n18.6%<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n18.7%<\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwwidth49\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>EBITA before non-recurring items<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwrowaltcolor1 bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>662<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>697<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwwidth49\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>% of revenue<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwrowaltcolor1 bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>13.6%<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>13.6%<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwwidth49\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nEBIT<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwrowaltcolor1 bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n430<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n530<\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwwidth49\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Net profit \u2013 Group share<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwrowaltcolor1 bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>216<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>249<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwwidth49\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nDiluted earnings per share (\u20ac)<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwrowaltcolor1 bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>3.70<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>4.19<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwwidth49\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Net free cash flow<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwrowaltcolor1 bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>243<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>259<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwsinglebottom bwpadl0 bwwidth49\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nNet free cash flow excl. non-recurring cash-outs<\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwrowaltcolor1 bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>299<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>279<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth1\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwpadl4\" colspan=\"4\" rowspan=\"1\"><p>\n<i>(1)\u00a0At constant scope and exchange rates.\n<br\/><\/i><i>(2) Including a positive hyperinflation effect of 0.2%<\/i><\/p><\/td><\/tr>\n<\/table><p>\n<b>Jorge Amar, CEO of TP Group, said:<\/b> <i>\u201cOur first half results and sequential revenue improvement show meaningful progress as we continue to advance our transformation journey. We are encouraged to see our value proposition increasingly resonating and commercial momentum building. Accelerated AI adoption within our clients\u2019 operations is allowing us to further reinforce our position as a trusted partner to address their evolving needs. Our strategic priorities are unchanged as we continue to invest in the capabilities that will position us for sustainable growth.\u201d<\/i><\/p><p>\n<b><i>REVENUE BY ACTIVITY<sup>2<\/sup><\/i><\/b><\/p><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwpadl0 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>H1 2026<\/b><\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>H1 2025<\/b><\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwpadl0\" colspan=\"2\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Change (%)<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<i>\u20ac millions<\/i><\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwpadl0 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>Reported<\/i><\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>Like-for-like<sup>(1)<\/sup><\/i><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>CORE SERVICES<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>4,220<\/b><\/p><\/td><td class=\"bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>4,401<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-4.1%<\/i><\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-1.3%<\/i><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nAmericas<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,984<\/p><\/td><td class=\"bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n2,082<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-4.7%<\/i><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-0.4%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0 bwwidth40 bwrightsingle\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nEurope, MEA &amp; Asia-Pacific<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n2,236<\/p><\/td><td class=\"bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n2,319<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-3.6%<\/i><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-2.1%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl0 bwwidth40 bwrightsingle bwsinglebottom\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>SPECIALIZED SERVICES<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>663<\/b><\/p><\/td><td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>715<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-7.3%<\/i><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-3.9%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>TOTAL<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>4,883<\/b><\/p><\/td><td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>5,116<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-4.5%<\/i><\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-1.7%<sup>(2)<\/sup><\/i><\/b><\/p><\/td><\/tr>\n<\/table><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwpadl0 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>Q2 2026<\/b><\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>Q2 2025<\/b><\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwpadl0\" colspan=\"2\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Change (%)<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<i>\u20ac millions<\/i><\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwpadl0 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>Reported<\/i><\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>Like-for-like<sup>(1)<\/sup><\/i><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>CORE SERVICES<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>2,119<\/b><\/p><\/td><td class=\"bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>2,156<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-1.7%<\/i><\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-1.0%<\/i><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nAmericas<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,003<\/p><\/td><td class=\"bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,000<\/p><\/td><td class=\"bwpadl0 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>+0.3%<\/i><\/p><\/td><td class=\"bwpadl0 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>+1.1%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nEurope, MEA &amp; Asia-Pacific<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,116<\/p><\/td><td class=\"bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,156<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-3.4%<\/i><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-2.7%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>SPECIALIZED SERVICES<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>331<\/b><\/p><\/td><td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>347<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-4.6%<\/i><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-2.4%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>TOTAL<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>2,450<\/b><\/p><\/td><td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>2,503<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-2.1%<\/i><\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-1.2%<\/i><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl4\" colspan=\"5\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<i>(1)\u00a0At constant scope and exchange rates\n<br\/><\/i><i>(2)\u00a0Including a positive +0.2% hyperinflation effect<\/i><\/p><\/td><\/tr>\n<\/table><p>\n<b><span class=\"bwuline\">Consolidated revenue<\/span><\/b><\/p><p>\nIn the first half of 2026, TP recorded consolidated revenue of \u20ac4,883 million, down -1.7% like-for-like. This soft start to the year was expected and mainly reflects the sharp decrease in Trust &amp; Safety and continued acceleration of offshoring delivery. These effects offset the positive performance of most of the other lines of business in Core Services, particularly the AI-powered and back-office solutions, as well as outcome-based activities.<\/p><p>\nOn a reported basis, revenue was down -4.5%, including a significant negative currency effect (-\u20ac165 million) from the further strengthening of the euro against the US dollar and, albeit at a slower pace, the Indian rupee and the British pound.<\/p><p>\nExcluding Trust &amp; Safety, the group recorded a + 1.7% like-for-like revenue growth in the first half of the year.<\/p><p>\nIn Q2 2026, revenue amounted to \u20ac2,450 million, down -1.2% like-for-like, marking a sound sequential improvement compared to Q1 2026 (down -2.2% like-for-like). On a reported basis, revenue was down -2.1% in Q2 2026, including a limited \u20ac24 million currency impact due to the relative stability of the euro against the US dollar and the Indian rupee.<\/p><p>\n<b><span class=\"bwuline\">Core Services<\/span><\/b><\/p><p>\nIn the first half of 2026, Core Services like-for-like revenue declined -1.3% year-over-year (down -4.1% on a reported basis), to \u20ac4,220 million, supported by strong double-digit growth of AI-powered solutions, mid-single-digit growth of outcome-based activities and back-office solutions. Those were offset by the sharp decrease in Trust &amp; Safety where the group has implemented strong mitigating actions that are expected to bear fruit from next year.<\/p><p>\nCore Services like-for-like revenue declined -1.0% year-over-year in Q2 2026 (-1.7% on a reported basis), to \u20ac2,119 million.<\/p><p>\nExcluding Trust &amp; Safety, Core Services posted a +2.3% like-for-like revenue growth in the first half of the year and +2.9% in the second quarter.<\/p><p class=\"bwmarginl1\">\n- <b>Americas<\/b><\/p><p>\nThe Americas region returned to positive revenue growth in Q2 2026 on a like-for-like basis, with AI-powered solutions showing very strong momentum. This was most notable in data services for AI and back-office solutions, with both those lines of business recording a strong double-digit growth in the first half of the year.<\/p><p>\nThe Care line of business, which accounts for the largest part of the group revenue in the region, remained resilient, achieving a consistent low-single-digit growth in both Q2 and H1 2026.<\/p><p>\nAcross the region, growth was notably supported by the strong growth of the Telecom and Energy &amp; Utilities verticals, and high-single-digit growth of the banking &amp; financial services and insurance vertical. All of these business lines showed significant acceleration quarter over quarter. The Trust &amp; Safety line of business continued to experience a sharp decline due to accelerated automation leading to lower volumes and a stronger competitive dynamics.<\/p><p>\nIndia continued to post strong figures, bolstered by sustained demand for offshore BPO solutions, both vertical and horizontal.<\/p><p class=\"bwmarginl1\">\n- <b>Europe, MEA &amp; Asia-Pacific<\/b><\/p><p>\nThe revenue of the Europe, MEA &amp; Asia-Pacific region was down low-single-digit in the first half of 2026, consistent with Q1 2026 trends. AI-powered solutions continued to scale at a fast pace, recording strong double-digit growth. However, and similar to the Americas region, this positive momentum has been counterbalanced by a continued decline in Trust &amp; Safety, while offshoring continued to accelerate over the period.<\/p><p>\nThe Care line of business, which also accounts for the largest part of the group revenue in the region, remained resilient, achieving a consistent low-single-digit growth in both Q2 and H1 2026.<\/p><p>\nPerformance was strong in a wide range of verticals, including banking &amp; financial services and insurance as well as retail and public services.<\/p><p>\nActivities in the United Kingdom grew strongly over the first half of 2026, thanks to the ongoing ramp up of new contracts, especially in public services and banking &amp; financial services. In sub-Saharan Africa and APAC, operations continued to develop at a good pace, while Egypt continued to grow rapidly and win contracts, further establishing itself as a key growing offshoring destination.<\/p><p>\n<b><span class=\"bwuline\">Specialized Services<\/span><\/b><\/p><p>\nIn the first half of 2026, revenue from Specialized Services declined -3.9% like-for-like (-7.3% on a reported basis), to \u20ac663 million, with Q2 showing a sequential improvement compared to Q1. Adjusted for the non-renewal of a significant visa application management contract, revenue would have been down -1.7% like-for-like in H1 2026.<\/p><p>\nAs previously communicated in the Q1 2026 earnings release, an advanced internal synergy plan has been rolled out for the Specialized Services to systematically leverage Core Services capabilities and its global network. As expected, this plan - while not impacting TP\u2019s consolidated revenue and being accretive to the overall profitability \u2013 has had a dilutive effect on the reported revenue of LanguageLine Solutions, reflected in the resulting increase in intercompany eliminations. Excluding both the impact of this plan and the non-renewal of a significant visa application management contract, the revenue of the Specialized Services would have been back to positive growth on a like-for-like basis in the first half of 2026.<\/p><p>\nLanguageLine Solutions has steadily gained market share over the first half of the year as the group continues to integrate AI into workflows to improve productivity and automate processes. Over Q2 2026, confirming the trends observed at the end of Q1, LLS experienced a consistent increase in minutes billed. This positive trend is expected to continue to support the growth of this business going forward.<\/p><p>\nAdjusted for the non-renewal of a significant visa application management contract, TLScontact grew by double digits in the first half of the year thanks to both growing volumes and higher revenue per applicant. The company is continuing its strong commercial momentum and has recently been rewarded with new contracts that are expected to support its future growth.<\/p><p>\n<b><i>EBITA BEFORE NON-RECURRING ITEMS BY ACTIVITY<\/i><\/b><\/p><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwtopsingle bwrightsingle bwpadl0 bwsinglebottom bwwidth34\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<i>\u20ac millions<\/i><\/p><\/td><td class=\"bwtopsingle bwrightsingle bwpadl0 bwsinglebottom bwwidth33 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>H1 2026<\/b><\/p><\/td><td class=\"bwtopsingle bwpadl0 bwsinglebottom bwwidth33\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>H1 2025<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwrightsingle bwwidth34 bwpadl2\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>CORE SERVICES<\/b><\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth33 bwrowaltcolor1 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>444<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth33 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>485<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwrightsingle bwwidth34 bwpadl2\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>% of revenue<\/b><\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth33 bwrowaltcolor1 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>10.5%<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth33 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>11.0%<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwwidth34 bwpadl2\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nAmericas<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth33 bwrowaltcolor1 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n186<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth33 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n239<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwwidth34 bwpadl2\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n% of revenue<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth33 bwrowaltcolor1 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n9.4%<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth33 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n11.5%<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwwidth34 bwpadl2\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nEurope, MEA &amp; Asia-Pacific<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth33 bwrowaltcolor1 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n224<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth33 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n227<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwwidth34 bwpadl2\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n% of revenue<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth33 bwrowaltcolor1 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n10.0%<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth33 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n9.8%<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwwidth34 bwpadl2\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nHoldings<\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth33 bwrowaltcolor1 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n33<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth33 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n19<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwrightsingle bwwidth34 bwtopsingle bwpadl2\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>SPECIALIZED SERVICES<\/b><\/p><\/td><td class=\"bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth33 bwrowaltcolor1 bwtopsingle bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>219<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth33 bwtopsingle bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>212<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwwidth34 bwpadl2\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>% of revenue<\/b><\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth33 bwrowaltcolor1 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>33.0%<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth33 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>29.7%<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwwidth34 bwpadl2\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>TOTAL EBITA before non-recurring items <sup>(1)<\/sup><\/b><\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth33 bwrowaltcolor1 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>662<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth33 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>697<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwwidth34 bwpadl2\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>% of revenue<\/b><\/p><\/td><td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth33 bwrowaltcolor1 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>13.6%<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth33 bwalignc\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin bwalignc\">\n<b>13.6%<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl4\" colspan=\"3\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<i>(1)\u00a0Before restructuring costs related to the Future Forward plan and, for 2025, cost of integration of Majorel<\/i><\/p><\/td><\/tr>\n<\/table><p>\nIn the first half of 2026, TP recorded a stable recurring EBITA margin of 13.6% compared to the same period last year, demonstrating TP\u2019s flexible operating model and strong ongoing financial discipline.<\/p><p>\nNotably, recurring EBITA includes higher-than-anticipated restructuring costs to address the persistent challenging macro backdrop and increased competitive market dynamic. In this first half of 2026, they amounted to \u20ac109 million, while most of the subsequent savings should start to be visible from the second half of the year.<\/p><ul class=\"bwlistsquare\">\n<li>\n<b><span class=\"bwuline\">Core Services<\/span><\/b><\/li>\n<\/ul><p>\nIn the first half of 2026, Core Services delivered a recurring EBITA of \u20ac444 million and a margin of 10.5%, down 50 bps compared to the same period in the prior year.<\/p><p>\nIn the Americas region, recurring EBITA margin was 9.4%, compared to 11.5% last year. This decline has been mostly driven by a persistent challenging macro environment in Latin America, marked by significant wage inflation throughout the region, as well as currency headwinds. In Europe, MEA &amp; Asia-Pacific region, the recurring EBITA margin stood at 10.0%, a 20 bps improvement compared to the same period in the prior year. This results from the restructuring plan implemented in the context of the \u2018Future Forward\u2019 transformation journey.<\/p><ul class=\"bwlistsquare\">\n<li>\n<b><span class=\"bwuline\">Specialized Services<\/span><\/b><\/li>\n<\/ul><p>\nSpecialized Services<i> <\/i>delivered a recurring EBITA of \u20ac219 million and a margin of 33.0% in the first half of 2026, up 330 bps compared to the same period the prior year. This meaningful improvement is driven by TP\u2019s strong ongoing financial discipline, advanced internal synergy plan and easier basis of comparison, alongside the group\u2019s continued investment in the scaling and deployment of its AI-driven solutions.<\/p><p>\n<b>Other income statement items<\/b><\/p><p>\nIn the first half of 2026, EBIT stood at \u20ac430 million, compared to \u20ac530 million in same period last year. This includes:<\/p><p class=\"bwmarginl1\">\n- \u20ac106 million in amortization expense on intangible assets acquired as part of a business combination, broadly stable compared to last year;<\/p><p class=\"bwmarginl1\">\n- \u20ac15 million in accounting expenses relating to performance share plans.<\/p><p>\nThe EBIT decrease compared to last year in the same period was mainly driven by increased non-recurring restructuring costs related to the \u2018Future Forward\u2019 plan amounting to \u20ac109 million in the first half of 2026.<\/p><p>\nThe financial result represented a net expense of \u20ac125 million, compared to \u20ac158 million in the same period last year. This change is mainly explained by the impact of exchange rate gains and losses. The cost of net debt was flat compared to the first half of 2025, despite a higher average cost of gross debt to 4.3% in the first half of 2026 (vs. 4.1% in 2025).<\/p><p>\nIncome tax expense came to \u20ac89 million, corresponding to an effective tax rate of 29.0%, a meaningful and expected improvement compared to \u20ac123 million and 33.1% respectively last year.<\/p><p>\nIn the first half of 2026, net profit totaled \u20ac216 million, while diluted earnings per share amounted to \u20ac3.70, compared to \u20ac249 million and \u20ac4.19 in the first half of 2025.<\/p><p>\n<b>Cash flows and financial structure<\/b><\/p><p>\nNet free cash flow after lease expenses, interest and tax paid amounted to \u20ac243 million, compared to \u20ac259 million in the first half of 2025.<\/p><p>\nNon-recurring cash-outs amounted to \u20ac56 million in the first half of 2026, in relation to the restructuring plans in France and the \u2019Future Forward\u2019 strategy. As a result, net free cash flow excluding non-recurring cash-outs was \u20ac299 million, a \u20ac20 million improvement compared to last year. This change is driven by:<\/p><p class=\"bwmarginl1\">\n- The significant improvement in working capital requirement, which was a limited outflow of \u20ac29 million, compared to an outflow of \u20ac122 million the previous year;<\/p><p class=\"bwmarginl1\">\n- The decrease in cash tax to \u20ac171 million, compared to \u20ac205 million last year;<\/p><p class=\"bwmarginl1\">\n- Net investment amounting to \u20ac94 million, or 1.9% of revenue, compared to \u20ac115 million and 2.2% in the first half of 2025.<\/p><p>\nAfter the payment of \u20ac262 million in dividends, net debt stood at \u20ac4,013 million at June 30, 2026, almost flat compared to \u20ac3,966 million at December 31, 2025.<\/p><p>\nIn May 2026, the group announced the placement of a dual tranche long-term bond issue which has been oversubscribed by institutional investors. The group extended its gross debt maturity by 1.5 year with a pricing reflecting the strength of its activities and confirming its financial leadership in the industry.<\/p><p>\n<b>PROGRESS REPORT ON THE \u2018FUTURE FORWARD\u2019 STRATEGY<\/b><\/p><p>\n<b><span class=\"bwuline\">Continuing to evolve the core to lead in the multi-modal Client Experience ecosystem<\/span><\/b><\/p><p>\nOver the last months, TP has reorganized its sales organization across people, offering, tools and processes. This sharpened go-to-market strategy is designed to upgrade the sales operations and better align with its growth priorities. This process has already yielded positive results, with an improved commercial win rate, a developed pipeline and increased bookings.<\/p><p>\nIn the first half of 2026, TP focused on adapting and honing its offering to further position itself as a trusted partner for its clients navigating structural and technological changes, helping them to build real financial value from AI integration and subsequent automation. In the banking &amp; financial services and Insurance vertical for example, the group has won a major deal with a large financial institution in the US, which will start ramping up in the second half of the year. The group will continue to capture similar opportunities, notably in complex and regulated verticals.<\/p><p>\nIn parallel, TP.ai platform is gaining traction, with more than 1,100 AI projects currently running as of 30 June 2026, a 2.3x increase compared to the same period last year.<\/p><p>\nFinally, TP is implementing targeted mitigating actions to address the decline in Trust &amp; Safety.<\/p><p>\n<b><span class=\"bwuline\">Doubling down on outcome-based deals<\/span><\/b><\/p><p>\nTP continued to scale and accelerate its performance across its outcome-based activities - Sales, Collection, and retention \u2013 and back-office solutions. These business lines collectively grew to mid-single digits in the first half of 2026 and already represent over 15% of the group revenue. These businesses are underpenetrated and have significant room to grow in 2026 and beyond through the integration of AI-driven solutions as part of the \u2018Future Forward\u2019 strategic plan execution.<\/p><p>\n<b><span class=\"bwuline\">Becoming a category defining player across the AI value chain<\/span><\/b><\/p><p>\nTP continued to strengthen its position across the full AI value chain, with AI-powered solutions delivering strong momentum. Data Services for AI performed particularly well, posting strong double-digit growth in the first half of 2026. This reflects TP's ability to capture growing client demand for the human-in-the-loop data work that underpins its AI model development.<\/p><p>\n<b><span class=\"bwuline\">Rewiring the core<\/span><\/b><\/p><p>\nThe AI efficiency program has already overdelivered with \u20ac109 million restructuring costs booked in the first half of 2026. To preserve profitability, the decision has been made to expand the AI and efficiency program and further streamline the operating model through trimmed SG&amp;A and strict overhead management. This acceleration will subsequently be reflected in higher restructuring costs for 2026, now estimated to range between \u20ac120 million and \u20ac140million, and annual run-rate savings between \u20ac150 million and \u20ac170 million, half of which will be recorded in 2026.<\/p><p>\n<b><span class=\"bwuline\">Re-shaping the business<\/span><\/b><\/p><p>\nThe strategic portfolio review, which started a few months ago, is proceeding according to the originally planned schedule.<\/p><p>\n<b><span class=\"bwuline\">Enhancing Ecosystem and Work Environment<\/span><\/b><\/p><p>\nTP is entering a new phase of employee engagement, building on its practices and the foundation established through its three-year Global Agreement on Social Responsibility with UNI Global Union, which concluded on May 31, 2026, having rolled out new local agreements across nine countries.<\/p><p>\nUnder this new phase, TP is not only reaffirming, without reservation, its commitment to honor the existing agreements with local unions but also to enter into new agreements as appropriate.<\/p><p>\nAdditionally, TP will now establish Global Employee Forums by the end of 2026, bringing together employee representatives in its key markets worldwide under the oversight of the Sustainability Committee of the Board of Directors. These Forums will hold a consultative mandate to monitor employee practices, under the core principles that guided the work with UNI Global Union - including the fundamental conventions of the International Labor Organization, freedom of association and the right to collective bargaining, the OECD Guidelines for Multinational Enterprises, and TP\u2019s own Code of Ethics and Human Rights policy. This builds on an already strong track record, including recognition among the World's Best Workplaces by Great Place to Work\u00ae and Fortune for five consecutive years, health and safety committees in over 80% of entities, and significant investment in employee development (134 average training hours per employee and 68% internal promotion rate in 2025).<\/p><p>\nTP is pairing this structural commitment with measurable goals:<\/p><ul class=\"bwlistdisc\">\n<li>\nExpanding the current AI upskilling initiatives with the setting of clear objectives,<\/li>\n<li>\nEnsuring employee representation in health and safety committees across at least 90% of operations within two years.<\/li>\n<\/ul><p>\nThe group will report progress against this and further objectives through the Global Employee Forums. The group hopes to further collaborate with UNI, and invites employees, clients, investors and the wider social partners to join in elevating the industry standard for social dialogue and responsible employment.<\/p><p>\nOver the past six months, TP has engaged with UNI Global Union with the firm objective of renewing the agreement under its existing framework, although jointly recognizing certain limitations inherent in the current model. Recent positions taken by UNI have made it more difficult to conclude a new agreement. It also came to TP\u2019s attention that inaccurate and misleading information has been circulated to investors. The Group is willing to work with UNI but can only do it on terms that are sound and respectful to both parties.<\/p><p>\nMore information on TP\u2019s social approach and commitments is available on the Group's website: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.tp.com%2Fmedia%2Fsa0fvgmm%2Ftp-setting-the-industry-standard-for-social-dialogue-07302026.pdf&amp;esheet=54580109&amp;newsitemid=20260730760872&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.tp.com%2Fmedia%2Fsa0fvgmm%2Ftp-setting-the-industry-standard-for-social-dialogue-07302026.pdf&amp;index=1&amp;md5=ceb8cfd2b125f2fdace931ec51dda937\" rel=\"nofollow\" shape=\"rect\">https:\/\/www.tp.com\/media\/sa0fvgmm\/tp-setting-the-industry-standard-for-social-dialogue-07302026.pdf<\/a><\/p><p>\n<b>OUTLOOK<\/b><\/p><p>\n<b><span class=\"bwuline\">2026 targets:<\/span><\/b><\/p><ul class=\"bwlistdisc\">\n<li>\nGroup LFL revenue growth expected between +0.0% and +2.0%.<\/li>\n<li>\nStable recurring EBITA margin of around 14.6%<sup>3<\/sup><\/li>\n<li>\nNet free cash flow generation of \u20ac800-850 million excluding non-recurring cash-outs<sup>4<\/sup>, with a soft first half of the year and an acceleration in the second half, similar to 2025<\/li>\n<li>\n\u20ac120-140m of non-recurring restructuring costs to be booked in the P&amp;L<\/li>\n<\/ul><p>\n<b><span class=\"bwuline\">2026-2028 financial objectives:<\/span><\/b><\/p><p>\nTP\u2019s mid-term financial objectives are:<\/p><ul class=\"bwlistdisc\">\n<li>\nReturning to sustained mid-single digit like-for-like revenue yearly growth with 4-6% in 2028<\/li>\n<li>\nRecurring EBITA margin at ~15.5% in 2028, expected post AI transformation<\/li>\n<li>\nGenerating cumulative net free cash flow of ~\u20ac3 billion including organic AI efforts incurred over 2026-2028<\/li>\n<\/ul><p class=\"bwalignc\">\n----------<\/p><p>\n<b>Disclaimer<\/b><\/p><p>\nAll forward-looking statements are based on TP management\u2019s present expectations of future events and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For a detailed description of these factors and uncertainties, please refer to the \u201cRisk Factors\u201d section of our Universal Registration Document, available at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tp.com&amp;esheet=54580109&amp;newsitemid=20260730760872&amp;lan=en-US&amp;anchor=www.tp.com&amp;index=2&amp;md5=c36009421c4a47663df0df64771f5812\" rel=\"nofollow\" shape=\"rect\">www.tp.com<\/a>. TP undertakes no obligation to publicly update or revise any of these forward-looking statements.<\/p><p>\n<b>Webcast \/ Conference call with analysts and investors<\/b><\/p><p>\n<b>Date: Thursday, July 30, 2026, at 6.00 p.m. CEST\/ 12.00 p.m. ET<\/b><\/p><p>\nA conference call and webcast will be held today at 6:00 p.m. CEST\/ 12 p.m. ET. The webcast will be available live or for delayed viewing at: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftp.engagestream.euronext.com%2F2026_first_half_results%2Fregister&amp;esheet=54580109&amp;newsitemid=20260730760872&amp;lan=en-US&amp;anchor=https%3A%2F%2Ftp.engagestream.euronext.com%2F2026_first_half_results%2Fregister&amp;index=3&amp;md5=9eaa1bdddb7c8f83c79f0e5a32483b6c\" rel=\"nofollow\" shape=\"rect\">https:\/\/tp.engagestream.euronext.com\/2026_first_half_results\/register<\/a><\/p><p>\nAll the documentation related to the First-Half 2026 Revenue is available on the group\u2019s website (<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tp.com&amp;esheet=54580109&amp;newsitemid=20260730760872&amp;lan=en-US&amp;anchor=www.tp.com&amp;index=4&amp;md5=c50005af32521f5f3904851b8949fb7e\" rel=\"nofollow\" shape=\"rect\">www.tp.com<\/a>): <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.tp.com%2Fen-us%2Finvestors%2Fpublications-and-events%2Ffinancial-publications%2F&amp;esheet=54580109&amp;newsitemid=20260730760872&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.tp.com%2Fen-us%2Finvestors%2Fpublications-and-events%2Ffinancial-publications%2F&amp;index=5&amp;md5=e14953b44ab50681eb956eaabf2dc0d9\" rel=\"nofollow\" shape=\"rect\">https:\/\/www.tp.com\/en-us\/investors\/publications-and-events\/financial-publications\/<\/a><\/p><p>\n<b>Indicative investor calendar<\/b><\/p><p>\nThird-Quarter 2026 Revenue: November 5, 2026<\/p><p>\n<b>About TP Group<\/b><\/p><p>\n<b>TP <\/b>is a global leader in digital business services that consistently seeks to blend the best of advanced technology with human empathy to deliver enhanced customer care that is simpler, faster, and safer for the world\u2019s biggest brands and their customers. The group\u2019s comprehensive, AI-powered service portfolio ranges from front office customer care to back-office functions, including operations consulting and high-value digital transformation services. It also offers a range of Specialized Services such as collections, interpreting and localization, visa and consular services, and recruitment process outsourcing services. The teams of multilingual, inspired, and passionate experts and advisors, spread in close to 100 countries, as well as the group\u2019s local presence allow it to be a force of good in supporting communities, clients, and the environment.<\/p><p>\nFor more information: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tp.com&amp;esheet=54580109&amp;newsitemid=20260730760872&amp;lan=en-US&amp;anchor=www.tp.com&amp;index=6&amp;md5=2baab6a3b2ddaf7f02f5efb4cef246aa\" rel=\"nofollow\" shape=\"rect\">www.tp.com<\/a><\/p><p>\n<b>Appendices<\/b><\/p><p>\n<b>Appendix 1 \u2013 Quarterly Revenue by Activity<\/b><\/p><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwpadl0 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>H1 2026<\/b><\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>H1 2025<\/b><sup>(1)<\/sup><\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwpadl0\" colspan=\"2\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Change (%)<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<i>\u20ac millions<\/i><\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwpadl0 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>Reported<\/i><\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>Like-for-like<sup>(2)<\/sup><\/i><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>CORE SERVICES<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>4,220<\/b><\/p><\/td><td class=\"bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>4,401<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-4.1%<\/i><\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-1.3%<\/i><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nAmericas<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,984<\/p><\/td><td class=\"bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n2,082<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-4.7%<\/i><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-0.4%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nEurope, MEA &amp; Asia-Pacific<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n2,236<\/p><\/td><td class=\"bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n2,319<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-3.6%<\/i><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-2.1%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>SPECIALIZED SERVICES<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>663<\/b><\/p><\/td><td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>715<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-7.3%<\/i><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-3.9%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>TOTAL<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>4,883<\/b><\/p><\/td><td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>5,116<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-4.5%<\/i><\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-1.7%<sup>(3)<\/sup><\/i><\/b><\/p><\/td><\/tr>\n<\/table><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwpadl0 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>Q2 2026<\/b><\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>Q2 2025<\/b><sup>(1)<\/sup><\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwpadl0\" colspan=\"2\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Change (%)<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<i>\u20ac millions<\/i><\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwpadl0 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>Reported<\/i><\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>Like-for-like<sup>(2)<\/sup><\/i><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>CORE SERVICES<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>2,119<\/b><\/p><\/td><td class=\"bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>2,156<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-1.7%<\/i><\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-1.0%<\/i><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nAmericas<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,003<\/p><\/td><td class=\"bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,000<\/p><\/td><td class=\"bwpadl0 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>+0.3%<\/i><\/p><\/td><td class=\"bwpadl0 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>+1.1%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nEurope, MEA &amp; Asia-Pacific<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,116<\/p><\/td><td class=\"bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,156<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-3.4%<\/i><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-2.7%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>SPECIALIZED SERVICES<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>331<\/b><\/p><\/td><td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>347<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-4.6%<\/i><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-2.4%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>TOTAL<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>2,450<\/b><\/p><\/td><td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>2,503<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-2.1%<\/i><\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-1.2%<\/i><\/b><\/p><\/td><\/tr>\n<\/table><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwpadl0 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>Q1 2026<\/b><\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>Q1 2025<sup>(1)<\/sup><\/b><\/p><\/td><td class=\"bwtopsingle bwsinglebottom bwpadl0\" colspan=\"2\" rowspan=\"1\"><p class=\"bwalignc bwcellpmargin\">\n<b>Change (%)<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<i>\u20ac millions<\/i><\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwpadl0 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>Reported<\/i><\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>Like-for-like<sup>(2)<\/sup><\/i><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>CORE SERVICES<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>2,101<\/b><\/p><\/td><td class=\"bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>2,245<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-6.4%<\/i><\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-1.7%<\/i><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nAmericas<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n981<\/p><\/td><td class=\"bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,082<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-9.3%<\/i><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-1.9%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwvertalignt bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nEurope, MEA &amp; Asia-Pacific<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,120<\/p><\/td><td class=\"bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,163<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-3.7%<\/i><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<i>-1.5%<\/i><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>SPECIALIZED SERVICES<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>332<\/b><\/p><\/td><td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>368<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-9.9%<\/i><\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-5.5%<\/i><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>TOTAL<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13 bwrowaltcolor1\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>2,433<\/b><\/p><\/td><td class=\"bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth13\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>2,613<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-6.9%<\/i><\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth17\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><i>-2.2%<\/i><\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl4\" colspan=\"5\" rowspan=\"1\"><p>\n<i>(1) 2025 revenue is restated to account for the regrouping since January 1st, 2026 of: 1\/ all Americas collection activities under unified leadership, leading to AllianceOne being reclassified from the Specialized Services to the Americas region of the Core Services, and 2\/ all TP Infinity USA activities under the Americas Region of the Core Services.\n<br\/><\/i><i>(2)\u00a0At constant scope and exchange rates\n<br\/><\/i><i>(3)\u00a0Including a positive +0.2% hyperinflation effect<\/i><\/p><\/td><\/tr>\n<\/table><br\/> <b>Contacts<\/b> <br\/><p>\n<b>FINANCIAL ANALYSTS AND INVESTORS \/ PRESS RELATIONS<\/b><br\/><b>Global<\/b><br\/>Simon Zaks\n<br\/>TP Group\n<br\/>Tel: +33 6 72 98 32 37\n<br\/><a  href=\"mailto:investor@teleperformance.com\" rel=\"nofollow\" shape=\"rect\">investor@teleperformance.com<\/a><\/p><p>\n<b>PRESS RELATIONS<\/b><br\/><b>Europe<\/b><br\/>Karine Allouis \u2013 Laurent Poinsot\n<br\/>IMAGE7\n<br\/>Tel: +33 1 53 70 74 70\n<br\/><a  href=\"mailto:teleperformance@image7.fr\" rel=\"nofollow\" shape=\"rect\">teleperformance@image7.fr<\/a><br\/>\n<br\/><b>PRESS RELATIONS<\/b><br\/><b>Americas and Asia-Pacific<\/b><br\/>Nicole Miller\n<br\/>TP Group\n<br\/>Tel: + 1 629-899-0675\n<br\/><a  href=\"mailto:tppublicaffairs@teleperformance.com\" rel=\"nofollow\" shape=\"rect\">tppublicaffairs@teleperformance.com<\/a><\/p><br\/> <a href=\"http:\/\/www.businesswire.com\/news\/home\/20260730760872\/en\/TP%C2%A02026-First-Half-Results\/?feedref=Zd8jjkgYuzBwDixoAdXmJgT1albrG1Eq4mAeVP39212bri8lIe-zl5tWvCOnRHW3evRMp3sIgu8q3wq1OF24lT93qbEzrwa15HGbLqMObxY5fjCLYi_If30KxIsYuhwbuLAuCkn8FS6sh-I3dfDZEg==\"> Read full story here <\/a>","protected":false},"excerpt":{"rendered":"<p>Sequential revenue improvement throughout H1 2026 reflecting continued transformation progress; 2026 objectives confirmed with commercial momentum building PARIS&#8211;(BUSINESS WIRE)&#8211;Regulatory News:<br \/>\nThe Board of Directors of TP (Paris:TEP), a global lea&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-48239","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/48239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48239"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/48239\/revisions"}],"predecessor-version":[{"id":48240,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/48239\/revisions\/48240"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}