Ipsos: growth target lowered for 2024

(CercleFinance.com) - On its interim publication, Ipsos announces that it has lowered its organic growth target for FY 2024, anticipating it to be close to last year's figure (+3%), while maintaining its operating margin target at around 13%.


For H1 2024, the market research company reports adjusted net income (group share) that is up 17.5% at E82m, with an operating margin improving 1.4 point to 10.1%

Sales rose by 4.7% to E1.14bn, with organic growth weaker than expected at 3.8%, partly reflecting the impact of the electoral cycle and the hesitation amongst people resulting from the elections in many countries this year.


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