Navigating Market Shifts: Ipsos' Third Quarter Insights

Ipsos, a major player in market research, faced a challenging third quarter. Despite political uncertainty and budget constraints, they managed to grow by 7. 6%, with a significant boost from recent acquisitions. However, currency fluctuations and a decline in public affairs activity posed challenges. The company's revenue hit €636 million in Q3, with organic growth at 2. 9%. This is an improvement from earlier quarters but still below expectations. The integration of new acquisitions, like The BVA Family, played a big role in this growth. Meanwhile, the appointment of a new CEO and strategic developments are shaping the company's future.Looking at different regions, Europe, the Middle East, and Africa (EMEA) saw a 10% growth, driven by recent acquisitions. The Americas showed a 4. 3% growth in Q3, while Asia-Pacific struggled due to a decline in public affairs activity. Ipsos' services for consumers, clients, and employees grew by 2%, but activities related to citizens saw a 9. 2% decline. The healthcare sector showed a 5% growth, driven by innovation. The company's digital platform, Ipsos. Digital, is growing rapidly, with a 28% increase since the start of the year. Despite these challenges, Ipsos remains optimistic. They are focusing on accelerating organic growth and leveraging technology and AI. However, they revised their annual organic growth target down to around 0. 7% due to ongoing political instability and budget constraints.