Despite painting a grim picture of an unfolding 'financial, economic and ideological crisis' around the globe, Ipsos has reported Q3 revenues of Euros 234.2m, a 5.9% increase compared with Q3 2007. Organic revenue growth was 8.2%.
In the first nine months of the year, Ipsos generated revenues of EUR 697m, up 4.9% from EUR 664.2m in the year-earlier period. Organic growth of 8.3% was boosted 3.3% by the effects of consolidation - resulting from the integration of Forward Research, Monroe Mendelsohn, Livra, B-Thinking, and Alfaco; but the reported figure is 6.8% lower due to adverse currency effects.
On the back of these results, the firm is maintaining its targets for the full-year and forecasting organic growth of at least 8%.
Results by Geographical Area
Growth remained very strong in developing countries, and moderate to weak in North America, Western Europe and Japan.
Consolidated revenues by geographic area (millions of euros) | 2008 (9 months) | 2007 (9 months) | Change 2008/2007 | Organic growth |
---|---|---|---|---|
Europe | 344.6 | 319.9 | 8% | 10% |
North America | 199.9 | 212.5 | (6%) | 1% |
Latin America | 81.1 | 67.7 | 20% | 20.5% |
Asia-Pacific / Middle East | 71.4 | 64.1 | 11% | 11% |
9-month total (at 30 September) | 697.0 | 664.2 | 4.9% | 8.3% |
Consolidated revenues by business line (millions of euros) | 2008 (9 months) | 2007 (9 months) | Change 2008/2007 | Organic Growth | |
---|---|---|---|---|---|
Advertising Research | 150.7 | 149.1 | 1% | 7% | |
Marketing Research | 327.9 | 312. | 8.5% | 6% | |
Media Research | 56.8 | 47.1 | 21% | 16% | |
Opinion & Social Research | 92.4 | 90.2 | 2% | 12% | |
Customer Relationship Management Research | 69.1 | 65.0 | 6% | 10% | |
9-month total (at 30 September) | 697.0 | 664.2 | 4.9% | 8.3% |
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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