GfK posts ‘sharp’ rise in first-half sales
In a statement accompanying the results, GfK noted a “distinctly difficult economic environment” that was responsible for “a marked cooling of business development” in the second quarter, which saw a double-digit drop in income. Sales for the quarter were up 7.2% from €349.9m to €375m, but income fell 10.6% from €53.5m to €47.8m.
GfK said that its businesses in the Asia Pacific region and Latin America recorded the “sharpest” rise in growth, with the figure in Asia Pacific growing 31.2% to €71.4m.
Matthias Hartmann (pictured), CEO at GfK, said: “Despite the economic challenges, we are confirming our forecast for the year and in the coming months we will focus on achieving our goals.”

We hope you enjoyed this article.
Research Live is published by MRS.
The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.
Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.
For example, there's an archive of winning case studies from over a decade of MRS Awards.
Find out more about the benefits of joining MRS here.
0 Comments