Ipsos: confirms targets for FY 2024
(CercleFinance.com) - Ipsos posted Q1 sales of E557.
5m. Q1 growth stood at 4.8%, of which 4.5% was organic.
Business in the EMEA region recorded nearly 10% organic growth in Q1 2024. Results are very good, particularly in Germany, Switzerland and most continental European markets, the group says.
Business in the Americas is down 3.2%. The Asia-Pacific region reported organic growth of over 9% for the quarter. India and South-East Asia continued their dynamic trend with double-digit growth rates.
The company confirms its targets for 2024, i.e. organic growth in excess of 4% and an operating margin of around 13%. The trend in gross margin and operating costs to the end of March is in line with this forecast, it says.
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