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Organic Growth of 9.2% for Ipsos
Ipsos has reported revenues of Euros 664.2m for the first nine months of 2007, and says it is expecting full-year growth of at least 9%.
Quarterly sales reached EUR 221.1m, up 8% on EUR 205.5m a year earlier. Organic sales growth was 7.5% in the third quarter. However, Ipsos confirmed that the weaker dollar and other currencies against the Euro had a negative effect of 3.4% on sales growth for the first nine months.
The company's revenues in Latin America and in the Asia Pacific region more than doubled to EUR 67.7m and EUR 64.1m respectively. Revenue in Europe also increased by 12.6% to EUR 319.9m, while North American revenue dropped slight by 1% to EUR 212.5m but delivered organic growth of 6.5%.
Advertising Research grew by 17% to EUR 149.1m in the first 9 months, which the firm said was bolstered by the quality of its product offer and teams, and by clients' efforts to better control the impact of media spending.
Market research generated EUR 312.8m in revenue, while opinion and social research increased 21.5% to EUR 90.2m. Media research was up 10.9% to EUR 47.1m, and customer relationship management saw a14.9%.increase to EUR 65m.
The group, which acquired South Africa's Markinor in September (www.mrweb.com/drno/news7334.htm ), says efforts undertaken in the last two years as part of its 'Fresh Impetus' plan should help it to grow faster than the market in 2008.
Web site: www.ipsos.com.
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