Transcom reports financial results for the fourth quarter and twelve months ended 31 December 2013
February 13, 2014 02:00 ET
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Transcom WorldWide S.A.
Q4 2013 financial highlights
· Net revenue €160.2 million, a 1.6% decrease compared to Q412 (€162.9
million). Adjusted for exchange rate impact, revenue increased by 0.5%.
· Gross margin 20.0%, a...
Transcom gives update on strategic review of its CMS business unit
February 03, 2014 11:31 ET
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Transcom WorldWide S.A.
Luxembourg, 3 February 2014 – During the past year, as previously announced,
Transcom’s Board of Directors has been evaluating a number of strategic
alternatives for the company’s Credit Management...
Transcom to record EUR 21.1m goodwill impairment charge in Q4 2013
February 03, 2014 11:31 ET
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Transcom WorldWide S.A.
Luxembourg, 3 February 2014 – After finalizing the impairment test for 2013,
Transcom has decided to record a €21.1 million non-cash goodwill impairment
charge related to the Credit Management...
Transcom reaches agreement with current lenders for EUR 103.8m revolving credit facility, replacing its existing facility
January 24, 2014 07:48 ET
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Transcom WorldWide S.A.
Luxembourg, 24 January 2014 – Transcom today announced that the company has
successfully renegotiated its existing Revolving Credit Facility, which was due
to expire in October 2014. An agreement,...
Transcom successfully closes divestment of its German Credit Management Services operations
December 30, 2013 10:54 ET
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Transcom WorldWide S.A.
Luxembourg, 30 December 2013 – Transcom today announced the successful closing
of the divestment of its German Credit Management Services operations (CMS
Germany) to Tesch Group, a portfolio company...
Transcom reaches settlement agreement resolving tax dispute in Italy concerning FY 2006. Positive net income effect in Q4 2013: EUR 1.7m.
December 18, 2013 02:30 ET
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Transcom WorldWide S.A.
Luxembourg, 18 December 2013 – Transcom announced today that the company has
reached an agreement with the Italian tax authorities, resolving the remaining
tax dispute concerning the 2006 fiscal year....
Transcom divests German Credit Management Services operations for EUR 9.0 million to Tesch Group, a portfolio company of Avedon Capital Partners
December 13, 2013 02:30 ET
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Transcom WorldWide S.A.
Luxembourg, 13 December 2013 – Transcom today announced that the company has
signed an agreement to divest its German Credit Management Services operations
(CMS Germany) to Tesch Group, a portfolio...
Transcom announces organizational changes in its North America & Asia Pacific region
December 10, 2013 02:30 ET
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Transcom WorldWide S.A.
Luxembourg, 10 December 2013 – Transcom today announced a realignment of the
management structure in its North America & Asia Pacific region. Effective
January 1, 2014, Transcom’s President & CEO,...
Transcom to close its Valdivia contact center in Chile. One-time cost in Q4 2013: EUR 0.7m
November 29, 2013 10:30 ET
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Transcom WorldWide S.A.
Luxembourg, 29 November 2013 – Transcom announced today that it will close its
contact center in Valdivia, Chile, effective immediately. Approximately 190
employees will be affected. The cost of...
Transcom launches “Transcom Cares” as its overarching Corporate Social Responsibility (CSR) governance program
November 21, 2013 06:00 ET
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Transcom WorldWide S.A.
Luxembourg, 21 November 2013 – Transcom announced today that the company has
established Transcom Cares as the overarching governance program for its
Corporate Social Responsibility (CSR)...