LTM Limited — Investor Meet, 28-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

LTM announced an investor call to discuss a strategic acquisition. The call focused on the proposed acquisition of Randstad Technology and Consulting Services business in Europe and Australia, and a five-year IT services partnership with Randstad Group, including leveraging their MSP capabilities.

LTM is acquiring Randstad Technology and Consulting Services for €160 million, adding €469 million in revenue. This deal provides LTM significant access to white-space geographies like continental Europe and Australia, and verticals such as aerospace, defense, automotive, and utilities. The acquisition strengthens LTM’s near-shore capabilities and brings in specialized talent in cybersecurity and industrial AI/IoT. The partnership with Randstad Group aims to transform their India GCC with an AI-centric approach. Management expects this move to be EPS accretive from day one with minimal impact on consolidated EBIT margins, enhancing LTM's balanced portfolio strategy and scaling its European presence. The tone is confident, with a focus on value creation through cross-selling and upselling.