Home » Ipsos: profit and turnover rebounded in the first half of the year, Company news

Ipsos: profit and turnover rebounded in the first half of the year, Company news

by archyw

PARIS (Agefi-Dow Jones) – The Ipsos survey research group saw its profit rebound in the first half, the activity of its clients having supported the recovery of the global economy.

The group’s net income stood at 71 million euros for the first six months of the year, compared to 1.3 million euros in the corresponding period of 2020. Adjusted net income, which does not include excluding certain exceptional items, amounted to € 81.4 million, compared to € 12.8 million in the first half of 2020.

Over the period, Ipsos generated a gross margin of 642.8 million euros, up 25.5% compared to the first six months of 2020. The operating margin was 11%, against 3.2 % one year earlier.

Turnover for its part increased by 26.4% over the first six months of the year, to 993.3 million euros. Organic growth was 31.5%.

According to the FactSet consensus, analysts on average expected a turnover of 935 million euros.

“With the persistence of health risks, we anticipate a single-digit organic growth rate for the period from July to December,” the group warned. “For the year as a whole, it is likely that Ipsos’ organic growth will be well above 10% if the comparison is made with 2020 and not very far from 10% if 2019 is used as a benchmark,” added Ipsos. .

“The operating margin should be similar for the two semesters,” said the study group by surveys.

-Eric Chalmet, Agefi-Dow Jones; +33 (0)1 41 27 47 95; [email protected] ed: LBO

IPSOS FINANCIAL RELEASES:

http://www.ipsos.com/french/communiques_financiers

Agefi-Dow Jones The financial newswire

Read Also:  Microsoft shares hit a new historical level for the fourth session

Dow Jones Newswires

July 21, 2021 13:01 ET (17:01 GMT)

0 comment
0

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.