Ipsos reports 5% decline in Q3 revenues, but organic growth improves
Revenue performance was weighed down by a 6.8% negative currency effect, as well as a “scope effect”.
The pattern was similar for the first nine months of the year: revenue was down 4.3% to €1.2bn, due to a 3.8% negative currency effect, caused by the rise in value of the Euro, and “a negative scope effect of 0.5% arising from partial withdrawals from peripheral countries (such as Portugal and Greece) and the sale of a loss-making LA-based film script evaluation business to its management”.
EMEA revenue for the nine months to September was €541.1m, down 2.3%; Americas revenue was €482.8m, down 4.8%; while Asia Pacific revenue was €198.4m, down 8.2%.
Looked at by business line, media, content and technology research recorded the steepest decline in revenues, down 11.6% to €121.2m – however it also boasted the most robust organic growth rate, 2.5%, of all the divisions.
Advertising research was down 5.3% to €199m; marketing research fell 1.9% to €628.7m; opinion and social research declined 7.5% to €112.2m; and customer and employee relationship management research was down 4.2% to €161.2m.

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