Ipsos has reported a 46% increase in first quarter revenues to EUR 379.9m, reflecting the addition of Synovate's business. However, it admits the need to integrate the two businesses has slowed expansion: volume of sales was down slightly on Q1 2011, and organic growth of just 2% is expected this year.
Ipsos' £528.8m acquisition of Synovate took place in October, and formed the third largest market research company in the world. Since Synovate's financial figures weren't included in its financial systems until 1 October, Ipsos says it is impossible to calculate the organic component of this quarterly revenue. However, the company believes that the best indicator of activity levels is the volume of sales, which for the period, was down slightly by 3.5% compared with Q1 2011.
Consolidated revenues (million of euros) |
2012 | 2011 | 2010 |
1st quarter | 379.9 | 260.1 | 236.9 |
2nd quarter | - | 298.1 | 291.9 |
3rd quarter | - | 287.6 | 283.6 |
4th quarter | - | 517.0 | 328.4 |
Full year | - | 1,362.9 | 1,140.8 |
Consolidated revenues
by geog area (million of euros) |
Q1 2012 | Q1 2011 | % change | % constant rate |
EMEA | 176.2 | 116.9 | 51% | 50.5% |
Americas | 140.0 | 115.1 | 22% | 19% |
Asia-Pacific | 63.7 | 28.1 | 126% | 118% |
Quarterly revenues | 379.9 | 260.1 | 46% | 44% |
Consolidated revenues
by business line (million of euros) |
Q1 2012 | Q1 2011 | % change | % constant rate |
Advertising Research | 61.0 | 57.5 | 6% | 4% |
Marketing Research | 196.9 | 119.4 | 65% | 63% |
Media Research | 37.3 | 29.5 | 26.5% | 23.5% |
Opinion and Social Research | 37.8 | 29.1 | 30% | 27.5% |
Customer and Employee Relationship Management | 46.8 | 24.7 | 90% | 88% |
Quarterly revenues | 379.9 | 260.1 | 46% | 44% |
All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.
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