Daily Research News Online no. 23473 - 'Satisfactory' Growth for Ipsos in Q3

'Satisfactory' Growth for Ipsos in Q3

October 27 2016

Ipsos has reported a 0.9% increase in third quarter revenue to EUR 431.7m, with organic growth a 'satisfactory' 3.2% during the period.

Exchange rates pulled reported growth down by 2.4%.

For the nine months January to September 2016, revenue was EUR 1.26bn - a slight increase of 0.3% year-on-year, again impacted by exchange rates, with organic growth resuming.

Consolidated revenues (In millions of Euros)	2016	2015	2014	Total growth for the period 2016/2015
First quarter	386.9	379.6	343.3	1.9%
Second quarter	446.7	453.3	412.7	-1.5%
Third quarter	431.7	428.0	412.8	0.9%
Total for the period from 1 January to 30 September	1,265.3	1,260.9	1,168.8	0.3%
Fourth quarter	-	524.4	500.7	-
Full year	-	1,785.3	1,669.5	-

All regions showed growth during the period. From July to September, the gap narrowed between Europe/Middle East/Africa (EMEA), Ipsos' slowest-growing region, and Asia-Pacific (APAC), the best-performing. The third region, the Americas, maintained its growth trajectory.

Consolidated revenues by geographic area (In millions of Euros)	2016 (9 months)	2015 (9 months)	2014 (9 months)	Change 2016/2015	Organic growth (9 months)
Europe, Middle East and Africa	543.1	555.9	539.1	-2.3%	2.5%
Americas	501.6	492.7	438.3	1.8%	3%
Asia-Pacific	220.6	212.3	191.3	3.9%	6%
Total for the period from 1 January to 30 September	1,265.3	1,260.9	1,260.9	0.3%	3.3%

Looking at results by business line, Ipsos said it is particularly pleased to see the renewed stability of Ipsos Connect. According to the firm, Ipsos Marketing had an 'excellent quarter', while for Ipsos Loyalty the quarter was not as good. Ipsos says it continues to forecast satisfactory year-long performance for both business lines.

Consolidated revenues by business line (In millions of euros)	2016 (9 months)	2015 (9 months)	2014 (9 months)	Change 2016/2015	Organic growth (9 months)
Media and Advertising Research	277.2	289.9	294.1	-4.4%	0%
Marketing Research	ter" bgcolor="#eeeeee"> 667.9	601.8	1.5%	5%
Opinion & Social Research	127.8	128.6	114.1	-0.6%	4%
Client and Employee Relationship Management	182.5	174.5	158.8	4.6%	3%
Total for the period from 1 January to 30 September	1,265.3	1,260.9	1,168.7	0.3%	3.3%

In a statement, the firm added: 'Ipsos - on the strength of its market share gains, competitive position and the rise of its New Services - should experience 2016 fourth quarter growth close to that shown since the beginning of the financial year and thus set up the right conditions for launching 2017. Moreover, in line with what has been projected and reported, operating margin for 2016 will be equivalent to that of 2015'.

Web site: www.ipsos.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.