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More 'Timid' Growth for Ipsos
Ipsos has reported 0.8% organic growth in revenue for the first quarter of 2015 - though measured in Euros revenue was up 10.6% to EUR 379.6m.
The quarterly organic rise mirrors that for Q4 2014, reported in February when Ipsos announced a 'timid return to growth' after an 'unsatisfactory year'.
By region, Ipsos said it was 'satisfied' with good Q1 results achieved in the US, UK, Germany and France, as well as China, Japan and certain Latin American markets. However, it says this is the first time in the history of the company, that developing countries under-performed over a quarter. Emerging countries represent 32% of Ipsos' business with 0.5% organic growth, while developed countries recorded an organic growth of 1%.
Consolidated
revenues
by
geographical
area
(in millions of euros)
|
1st
quarter
2015
|
1st
quarter
2014
|
Change
2015
/ 2014 |
Organic Growth
|
| Europe, Middle East and Africa |
168.9 |
165.7 |
1.9% |
-0.5% |
| Americas |
147.3 |
124.7 |
18.1% |
1% |
| Asia-Pacific |
63.4 |
52.9 |
19.9% |
4% |
| Quarterly
revenues |
379.6 |
343.3 |
10.6% |
0.8% |
|
By business line, performance levels roughly matched those of the first quarter of 2014. Ipsos said the teams in charge of opinion polls and social research had continued to achieve 'highly successful' results in all local and international markets; while the other business lines are 'progressing as expected', including the firm's newly merged brand communication, advertising and media business Ipsos Connect.
Consolidated revenues by business line
(In millions of euros) |
1st
quarter
2015 |
1st
quarter
2014 |
Change
2015
/ 2014 |
Organic Growth
|
| Media and Advertising Research |
90.1 |
85.7 |
5.1% |
-2% |
| Marketing Research |
199.8 |
177.9 |
12.3% |
1% |
| Opinion & Social Research |
41.8 |
35.4 |
17.9% |
7.5% |
| Client
and
Employee
Relationship
Management
|
48.0 |
44.3 |
8.2% |
1.5% |
| Quarterly
revenues |
379.6 |
343.3 |
10.6% |
0.8% |
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For 2015, Ipsos is still forecasting modest growth of between 1% and 2%, at constant scope and exchange rates.
Web site: www.ipsos.com .
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