Ipsos: stock soars after encouraging trading update

(CercleFinance.com) - The Ipsos share is soaring 13% on Wednesday morning after comments about the Covid-19 crisis, in which it reported new orders for May that are fairly close to last year's level, even though they should ultimately be slightly lower.


In particular, the order backlog has been much less affected by cancellations and postponements than in April. Overall, it is expected to fall by around 15% over the whole month, meaning a rate of decline that is four times lower than what was seen in April, the group pointed out.

For the first five months of the year, the order backlog for 2020 has fallen by just over 10%. Over the same period, sales have followed a very similar trend, the market research and polling group added.


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