Ipsos: record operating margin in H1
(CercleFinance.com) - Market research and consulting group Ipsos has published adjusted net income group share that is up sharply at 81.
4 million euros for H1 2021, compared to just 12.8 million euros a year earlier, with a record operating margin of 11% against 3.2% a year ago.
Revenue reached 993.3 million euros, up 26.4% as reported. LFL sales growth reached 31.5%, including 52.3% growth in Q2 alone.
For FY 2021, Ipsos' "organic growth is likely to be well over 10% if we compare it to 2020 and not far from 10% if 2019 is used as a benchmark". Its operating is expected to be similar for both halves.
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