NEWS13 May 2016

GfK sees income and margin improvement in Q1 2016

Europe Financials Media News

GERMANY — GfK achieved organic growth of 0.9% in the first quarter of the year, with adjusted operating income increasing by 17.6%

The company’s margin increased by 1.4%-points to 8.9% and group sales totalled €360.5m in the first quarter. An increase in adjusted operating income to €32.1m equated to a 17.6% improvement on the previous year’s figure. 

The Consumer Choices sector recorded organic growth of 9.8%. 

“We are satisfied with the first quarter overall, particularly since we achieved strong growth in the Consumer Choices sector and improved the margin of the Group," said Matthias Hartmann, GfK’s CEO.

"Through the acquisition of Netquest, we enhance our position in digital panels and our business in Latin America, and we broaden our data assets.”

The full report can be accessed here