TP to Return €1.5 Billion to Shareholders by 2028

Reported about 14 hours ago

French company TP, formerly Teleperformance, has announced plans to return €1.5 billion to shareholders by 2028, leveraging AI advancements to enhance its services. The firm anticipates automating a third of its operations in the next three years and aims for a 15.5% EBITDA margin in 2028. Additionally, it will launch an AI orchestration platform, TP.ai FAB, while implementing a cost-cutting strategy following a debt increase due to consolidation.

Source: YAHOO

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