An Excellent 3rd Quarter In 2005: Ipsos Continues To Grow
Three factors drove the acceleration in growth at Ipsos in the third quarter:
- Organic growth of 9.6% between July and September, from 7.8% in the first half. This gave organic growth of 8.3% over the first nine months of the year.
- Positive exchange rate effects for the first time in the four past years which added 2.9 points of growth in the third quarter. Exchange rate effects are completely neutral for the first nine months. Several currencies which had weakened considerably against the euro have since rallied. This is particularly true of the US dollar, but also the Brazilian real, the Mexican peso and some Asian currencies.
- Acquisitions contributed 6.6 points of growth between July and September, for a cumulative total of 6.4 points over the first three quarters of the year.
Naturally these figures do not include the impact of the group's latest acquisitions: neither that of MORI which has only been integrated with effect from the end of October, nor that of Understanding UnLtd., the acquisition of which is the subject of a separate press release issued today.
Compared to preceding quarters, the third quarter saw no significant changes in the make up of revenue by business line or by region. The best performances came in the business lines with the greatest international integration and in the developing regions, as well as in North America. The performances over the first nine months paint a fairly precise picture of the likely pattern for the whole of 2005.
As previously announced:
- Organic growth at Ipsos in 2005 will be stronger than in 2004, reflecting the overall healthy state of the market and the gains made by Ipsos through its policy of focusing growth on major accounts, differentiating its offering, quality, commitment and the expertise of its staff.
- In 2005, currency movements will not have the negative effects seen in previous years.
- Acquisitions will add new revenues and increase the group's ability to work with its clients in countries and in expertises offering significant growth potential.
Over the full year 2005, Ipsos expects full year revenue of e700 million, before the consolidation at the end of the year of MORI and Understanding UnLtd. The group will thus consolidate its position as the world's third largest survey-based market research company.
For more information on this news release, please contact: Jim Smith Chairman & CEO Ipsos in North America 212.584.9250 [email protected]
Ipsos in North America Ipsos is one of the fastest growing market research companies in the U.S., market leader in Canada, and among the most trusted research brands in North America. With more than 1,300 professionals and support staff in the U.S. and Canada, Ipsos offers a suite of survey-based services--guided by industry experts and bolstered by advanced analytics and methodologies--in advertising, customer loyalty, marketing, and public affairs research, as well as forecasting, modeling, and consulting. Ipsos companies offer a complete line of custom, syndicated, omnibus, panel, and online research products and services.
Ipsos conducts polling on behalf of the Associated Press, the world's oldest and largest news organization.
In 2004, Ipsos generated e605.6 million ($752.8 million U.S.) in total revenues, of which 35% came from its North American operations. The Paris-based company was founded in 1975 and has been listed on the Paris Stock Exchange since 1999.
To learn more, please visit www.ipsos-na.com.
Ipsos Ipsos is a leading global survey-based market research company, owned and managed by research professionals. Ipsos helps interpret, simulate, and anticipate the needs and responses of consumers, customers, and citizens around the world.
Member companies assess market potential and interpret market trends. They develop and build brands. They help clients build long-term relationships with their customers. They test advertising and study audience responses to various media. They measure public opinion around the globe.
Ipsos member companies offer expertise in advertising, customer loyalty, marketing, media, and public affairs research, as well as forecasting, modeling, and consulting. Ipsos has a full line of custom, syndicated, omnibus, panel, and online research products and services, guided by industry experts and bolstered by advanced analytics and methodologies. The company was founded in 1975 and has been publicly traded since 1999. In 2004, Ipsos generated global revenues of e 605.6 million ($752.8 million U.S.).
Visit www.ipsos.com to learn more about Ipsos offerings and capabilities.
