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'Satisfactory' Growth for Ipsos in Q3
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%
|
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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%
|
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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 .
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