Ipsos SA (OTCPK:IPSOF)
$ 62.33 0 (0%) Market Cap: 2.13 Bil Enterprise Value: 2.38 Bil PE Ratio: 10.97 PB Ratio: 1.39 GF Score: 78/100

Q3 2023 Ipsos SA Earnings Call Transcript

Oct 26, 2023 / 06:30AM GMT
Release Date Price: $59.6
Ben Page
Ipsos SA - CEO & Director

Good morning, everybody. It's -- thank you for joining us. I'm joined today by Dan Levy, our CFO, and it's our pleasure to just to take you through the results for the last 3 months of -- in the third quarter of 2023.

As we've been communicating this year, the profile of revenue growth in 2023 is very different from 2022. We had a very -- where we started very strongly and then slowed down during the year. This year, as we discussed at the beginning of the year, we are seeing the acceleration that we predicted. And so the quarter's revenue is EUR 588 million, and that means that the organic growth has gone from minus 2.8% in the start of the year, where, of course, there was a very strong comparison with 2022, which meant, of course, that we were always going to struggle to meet that plus 0.5% and now in the last quarter, 4.3%. So there's a very clear acceleration and one which we expect to continue.

We've also now left, of course, behind the COVID cliff edge that we had from the very large volume of jobs on COVID during the pandemic, and that was

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot