The company said it expects the Propel AI acceleration plan, which runs through December 31, 2028, to generate about $400 million in annual cost savings. After reinvesting about $50 million, it expects net annual cost savings of about $350 million by the end of 2028. It also said it expects cash costs of about $625 million and non-cash costs of about $25 million over the same period.

1. 01

   The company said it expects the Propel AI acceleration plan, which runs through December 31, 2028, to generate about $400 million in annual cost savings. After reinvesting about $50 million, it expects net annual cost savings of about $350 million by the end of 2028. It also said it expects cash costs of about $625 million and non-cash costs of about $25 million over the same period.

2. 02

   The company said revenue for the 3 months ended September 30, 2026 was $2.5 billion, up $172 million (8%) from a year earlier. It said organic revenue growth, excluding the effects of currency and acquisitions and disposals, was 4%. Segment operating income for HWC was $398 million and for R&B was $216 million in the same quarter.

3. 03

   The company said operating income for Q3 2026 rose $11 million to $429 million, while interest expense increased $15 million (23%) to $80 million, leaving net income attributable to the company at $303 million, essentially flat from $304 million a year earlier. The company cited the new senior notes issued in Q4 2025 and the drawdowns of the $775 million delayed draw term loan (the DDTL) as factors behind the higher interest expense.

4. 04

   The company said cash and cash equivalents were $1.9 billion as of September 30, 2026, down from $3.1 billion as of December 31, 2025. It cited cash outflows of $1.1 billion for acquisitions, including Newfront and Cushon, share repurchases of $970 million and dividends of $267 million as factors in the change. Cash inflow from operating activities was $1.2 billion.

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