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As predicted, negative effect of exchange rates impact Q1 revenue
Revenue -4.5%; Organic growth +1.5%.
Revenue at Ipsos amounted to 343.3 million euros in the first quarter of 2014, a drop of 4.5%. -
BACK TO GROWTH
Full-year 2013 revenue amounted to 1,712.4 million euros, down 4.3% compared with 2012. This decline reflects contradictory trends. There was a very negative effect from exchange rates of 4.4% -- the impact of translating revenues into euros was much higher than the 2.2% reported at the end of the first half and the 3.8% at the end of September.